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Storebrand Completes NOK 750 Million Share Buyback Program

Story Highlights
  • Storebrand is a Nordic financial group offering sustainable financial solutions to individuals and corporations across the region.
  • Storebrand completed its NOK 750 million share buyback program, with plans to cancel the repurchased shares to reduce share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Storebrand Completes NOK 750 Million Share Buyback Program

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An update from Storebrand ASA ( (GB:0NO0) ) is now available.

Storebrand ASA has successfully completed its share buyback program, repurchasing 4,875,483 shares at an average price of NOK 153.8 per share, totaling NOK 750 million. Upon shareholder approval in 2026, these shares will be cancelled, reducing the overall share capital, reflecting a strategic move to enhance shareholder value.

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 headquartered in Lysaker, Norway, that provides sustainable solutions and financial services to individuals and corporations. The company serves around 61,000 corporate clients, 2.6 million individual customers, and manages NOK 1,561 billion in assets. It is listed on the Oslo Stock Exchange.

Average Trading Volume: 699,222

Current Market Cap: NOK73.11B

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

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