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Storebrand ASA ( (GB:0NO0) ) has shared an announcement.
Storebrand ASA has completed a series of transactions under its buyback program, resulting in the company owning 11,418,021 of its own shares, which represents 2.62% of its share capital. This strategic move is part of Storebrand’s efforts to manage its capital structure effectively, potentially enhancing shareholder value and strengthening its market position.
The most recent analyst rating on (GB:0NO0) stock is a Hold with a NOK165.00 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. The company focuses on offering sustainable solutions and encourages customers to make sound financial choices for the future. Storebrand serves approximately 61,000 corporate customers and 2.6 million personal customers, managing assets worth 1,561 billion NOK. The group is headquartered in Lysaker, Norway, and is listed on the Oslo Stock Exchange.
YTD Price Performance: 42.46%
Average Trading Volume: 699,612
Current Market Cap: NOK71.9B
For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.