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Storebrand Completes NOK 750 Million Share Buyback Program

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Storebrand Completes NOK 750 Million Share Buyback Program

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Storebrand ASA ( (GB:0NO0) ) has provided an announcement.

Storebrand ASA has completed its share buyback program, purchasing a total of 5,845,292 shares at an average price of NOK 128.31 per share, amounting to NOK 750 million. The repurchased shares, which represent 1.54% of the company’s share capital, are set to be cancelled pending approval at the 2026 AGM, potentially impacting the company’s share value and market positioning.

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 headquartered in Lysaker, Norway, focusing on providing financial security and wellness for individuals and companies. It offers sustainable financial solutions and manages assets worth NOK 1,442 billion, serving around 55,000 corporate customers and 2.2 million individual customers. Storebrand is listed on the Oslo Stock Exchange.

Average Trading Volume: 877,233

Current Market Cap: NOK60.49B

Learn more about 0NO0 stock on TipRanks’ Stock Analysis page.

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