Storebrand ASA ( (GB:0NO0) ) has provided an update.
Storebrand ASA has announced the completion of transactions under its share buyback program, which will run until June 2025. The company now owns 16,305,405 of its own shares, representing 3.64% of its share capital. This move is part of Storebrand’s strategic financial management, potentially impacting its market position and shareholder value.
More about Storebrand ASA
Storebrand is a Nordic financial group focused on providing increased security and financial wellness for individuals and companies. The company offers sustainable solutions and encourages customers to make sound economic decisions for the future. Storebrand serves approximately 55,000 corporate customers and 2.2 million individual customers, managing NOK 1,469 billion in assets. Headquartered in Lysaker, Norway, Storebrand is listed on the Oslo Stock Exchange.
YTD Price Performance: 3.20%
Average Trading Volume: 129,994
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK54.61B
For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.