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The latest update is out from Storebrand ASA ( (GB:0NO0) ).
Storebrand ASA reported progress in its ongoing share buyback program, repurchasing 265,000 shares between 4 and 8 May 2026 at an average price of NOK 174.19, for a total consideration of about NOK 47.1 million. Including these latest transactions, the group now holds 15,233,112 treasury shares, equal to 3.5% of its share capital, signalling continued capital return to shareholders and active balance sheet management under the framework of Norwegian and EU securities regulations.
The buyback activity brings total purchases under the current program to 3,744,962 shares with an aggregate value of NOK 652.3 million, highlighting the company’s confidence in its financial position and long-term prospects. By increasing its treasury shareholding, Storebrand gains additional flexibility for future capital allocation decisions, which may support earnings per share over time and influence its ownership structure and liquidity in the Oslo market.
The most recent analyst rating on (GB:0NO0) stock is a Sell with a NOK145.00 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 headquartered in Lysaker outside Oslo, listed on the Oslo Børs. The company provides financial security solutions and sustainable savings, insurance and pension products to around 61,000 corporate customers and 2.6 million private customers, and manages assets totaling NOK 1,543 billion across the Nordic market.
YTD Price Performance: 5.56%
Average Trading Volume: 774,648
Current Market Cap: NOK74.73B
See more insights into 0NO0 stock on TipRanks’ Stock Analysis page.