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Storebrand ASA ( (GB:0NO0) ) has issued an announcement.
Storebrand ASA has completed a series of transactions under its buyback program, acquiring a total of 4,214,550 shares, which now constitutes 2.5% of the company’s 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 encouraging 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 1,561 billion kroner. The group is headquartered in Lysaker, Norway, and is listed on the Oslo Stock Exchange.
YTD Price Performance: 36.10%
Average Trading Volume: 676,734
Current Market Cap: NOK68.69B
For an in-depth examination of 0NO0 stock, go to TipRanks’ Overview page.