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Storebrand ASA Completes Share Buyback Program

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Storebrand ASA Completes Share Buyback Program

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An announcement from Storebrand ASA ( (GB:0NO0) ) is now available.

Storebrand ASA has completed a series of transactions under its buyback program, purchasing a total of 381,428 shares at an average price of 146.24 NOK, amounting to a total transaction value of 55,779,009 NOK. After these transactions, Storebrand now owns 1.62% of its share capital, which may impact its market positioning and shareholder value.

The most recent analyst rating on (GB:0NO0) stock is a Hold with a NOK115.00 price target. To see the full list of analyst forecasts on Storebrand ASA stock, see the GB:0NO0 Stock Forecast page.

More about Storebrand ASA

Storebrand is a Nordic financial group that provides financial security and freedom to individuals and businesses. It aims to offer sustainable solutions and motivate customers to make good financial choices for the future. Storebrand has approximately 55,000 corporate customers, 2.2 million personal customers, and manages 1,507 billion NOK. The group is headquartered at Lysaker outside Oslo and is listed on the Oslo Stock Exchange.

YTD Price Performance: 26.82%

Average Trading Volume: 790,081

Current Market Cap: NOK64.01B

For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.

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