Storebrand Lifts Treasury Shareholding to 3.02% Through Ongoing Buybacks

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

Storebrand ASA has continued executing its previously announced share buyback program, repurchasing a total of 355,000 shares between 9 and 13 March 2026 for approximately NOK 61 million at an average price of about NOK 172–174 per share. Including these latest transactions, the company has bought back 1,685,000 shares under the program, and now holds 13,152,446 treasury shares, equivalent to 3.02% of its share capital, which may support capital management flexibility and signal confidence in the company’s valuation.

The ongoing buybacks reduce the free float of Storebrand’s stock on the Oslo Stock Exchange and can enhance earnings per share over time, potentially benefiting existing shareholders while underscoring management’s commitment to shareholder returns. The transactions are conducted under regulatory disclosure requirements tied to the EU Market Abuse Regulation and the Norwegian Securities Trading Act, ensuring transparency for investors and other market participants.

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 at Lysaker outside Oslo, Norway, focusing on insurance, pensions, savings, and asset management. The group emphasizes sustainable financial solutions and long-term financial wellness for individuals and companies, serving about 61,000 corporate clients, 2.6 million individual customers, and managing NOK 1,609 billion in assets.

YTD Price Performance: -0.06%

Average Trading Volume: 677,107

Current Market Cap: NOK72.96B

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