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Storebrand Corrects Executive Share Award and Updates Treasury Share Holdings

Story Highlights
  • Storebrand corrected an earlier notice, confirming EVP Jenny Rundbladh received 3,978 shares at NOK 176.56 each.
  • After the correction, Storebrand holds 12,407,446 treasury shares, or 2.85% of its share capital, underscoring transparent disclosure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Storebrand Corrects Executive Share Award and Updates Treasury Share Holdings

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

Storebrand ASA has corrected an earlier stock exchange notice regarding the share-based award to Jenny Rundbladh, Executive Vice President for SPP, stating that she was granted 3,978 shares at NOK 176.56 per share. Following this adjustment, Storebrand now holds 12,407,446 own shares, representing 2.85% of its share capital, while all other details from the original announcement remain unchanged.

The correction refines disclosure around executive share incentives and confirms the company’s up-to-date holding of treasury shares, which may be relevant for investors monitoring ownership structure and capital management. By promptly amending the information, Storebrand reinforces compliance with Norwegian securities disclosure requirements and maintains transparency in its communication with the market and stakeholders.

The most recent analyst rating on (GB:0NO0) stock is a Sell with a NOK150.00 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 ASA is a Nordic financial group focused on delivering security and financial wellness for individuals and companies through pension, insurance, and investment solutions. The group emphasizes sustainable products that encourage long-term economic decisions, serves about 61,000 corporate and 2.6 million individual customers, manages NOK 1,609 billion in assets, and is headquartered at Lysaker outside Oslo, Norway. Storebrand (STB) is listed on the Oslo Stock Exchange as a key player in the Nordic financial market.

Average Trading Volume: 711,254

Current Market Cap: NOK74.28B

For an in-depth examination of 0NO0 stock, go to TipRanks’ Overview page.

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