tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Storebrand ASA Launches Share Buyback Program

Story Highlights
Storebrand ASA Launches Share Buyback Program

Elevate Your Investing Strategy:

The latest announcement is out from Storebrand ASA ( (GB:0NO0) ).

Storebrand ASA has initiated a share buyback program, which began on July 11, 2025, and is set to conclude on December 19, 2025. As part of this program, the company has repurchased 70,000 shares at a volume-weighted average price of NOK 145.69, totaling NOK 10,198,251. Following these transactions, Storebrand owns 6,755,077 of its own shares, representing 1.55% of its share capital. This buyback program is part of Storebrand’s strategic efforts to manage its capital structure and potentially enhance 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 focuses on providing increased security and financial wellness for individuals and companies. It offers sustainable solutions and encourages customers to make sound economic decisions for the future. The company serves approximately 55,000 corporate customers and 2.2 million individual customers, managing assets worth NOK 1,507 billion. Storebrand is headquartered in Lysaker, Norway, and is listed on the Oslo Stock Exchange.

YTD Price Performance: 25.70%

Average Trading Volume: 774,507

Current Market Cap: NOK63.44B

Find detailed analytics on 0NO0 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1