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Storebrand Expands Treasury Position Through Ongoing Share Buyback

Story Highlights
  • Storebrand has repurchased 940,000 shares for NOK 167.6 million under its ongoing buyback program, at an average price of NOK 178.25.
  • The company now holds 2.85% of its share capital as treasury shares, highlighting active capital management that may affect liquidity and long-term shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Storebrand Expands Treasury Position Through Ongoing Share Buyback

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

Storebrand ASA has continued executing its share buyback program, purchasing a total of 940,000 shares at a volume-weighted average price of NOK 178.25, for an aggregate consideration of NOK 167.6 million as of late February 2026. Following these transactions, the company now holds 12,408,447 own shares, corresponding to 2.85% of its share capital, underscoring ongoing capital management measures that can influence share liquidity and shareholder value over time.

The latest tranche of buybacks included daily purchases between 23 and 27 February 2026, with volumes ranging from 35,000 to 150,000 shares, and prices fluctuating around NOK 179 to 183 per share. By steadily building its treasury share position under the ongoing program, Storebrand signals confidence in its valuation and maintains flexibility for potential future use of repurchased shares in capital optimisation, employee incentive schemes, or other strategic purposes, subject to regulatory requirements.

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 insurance, savings, and asset management, aiming to deliver financial security and wellness for individuals and companies. The group emphasizes sustainable solutions, serves about 61,000 corporate customers and 2.6 million individuals, manages NOK 1,609 billion, and is headquartered at Lysaker near Oslo with its shares listed on the Oslo Stock Exchange.

YTD Price Performance: 4.34%

Average Trading Volume: 696,177

Current Market Cap: NOK78.14B

For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.

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