Storebrand ASA ( (GB:0NO0) ) has issued an update.
Storebrand ASA has completed a series of transactions under its buyback program, acquiring a total of 1,177,000 shares, which now results in the company owning 3.43% of its share capital. This move is part of a broader strategy to enhance shareholder value and reflects Storebrand’s commitment to optimizing its capital structure, potentially impacting its market positioning and investor relations positively.
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 decisions for the future. Storebrand serves approximately 55,000 corporate customers and 2.2 million personal customers, managing assets worth 1,469 billion kroner. It is headquartered in Lysaker, outside Oslo, and is listed on the Oslo Stock Exchange.
YTD Price Performance: 6.85%
Average Trading Volume: 125,173
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK58B
For an in-depth examination of 0NO0 stock, go to TipRanks’ Stock Analysis page.