Storebrand Expands Treasury Holdings as Share Buyback Reaches 2.56 Million Shares

Storebrand ASA ( (GB:0NO0) ) just unveiled an update.

Storebrand ASA has continued its share buyback program, repurchasing a total of 154,000 shares between 30 March and 1 April 2026 at weighted average prices between NOK 170.39 and NOK 176.26. With these latest transactions, total purchases under the program have reached 2,559,000 shares for NOK 446.3 million, at an average price of NOK 174.39.

Following the completed buybacks, Storebrand now holds 14,026,446 of its own shares, representing 3.22% of the company’s share capital. The increased treasury share position underscores ongoing capital management efforts and may signal confidence in the firm’s valuation, with potential implications for earnings per share and shareholder returns over time.

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 headquartered in Lysaker outside Oslo and listed on the Oslo Børs under the ticker STB. The company provides financial security and freedom to individuals and corporate clients through savings, insurance and pension products, with around 61,000 corporate customers, 2.6 million personal customers and NOK 1,609 billion in assets under management.

Storebrand focuses on offering sustainable financial solutions and encouraging customers to make sound long-term financial decisions. Its significant presence in the Nordic market and emphasis on responsible investment underpin its positioning as a key regional player in asset management, pensions and insurance services.

Average Trading Volume: 721,946

Current Market Cap: NOK74.14B

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