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Storebrand Lifts Treasury Stake as Share Buyback Reaches NOK 515.5 Million

Story Highlights
  • Storebrand accelerated its 2026 share buyback, acquiring 297,287 shares in April at an average NOK 174.38.
  • The buyback lifts treasury holdings to 3.31% of share capital, signaling confidence and bolstering capital flexibility.
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The latest update is out from Storebrand ASA ( (GB:0NO0) ).

Storebrand ASA has continued to execute on its share buyback programme announced in February 2026, repurchasing a total of 297,287 shares between 13 and 17 April at an average price of NOK 174.38. These latest transactions lift the overall number of shares bought under the programme to 2,956,287, for a total consideration of NOK 515.5 million.

Following the most recent buybacks, Storebrand now holds 14,423,863 of its own shares, corresponding to 3.31% of the company’s share capital. The increased treasury share position may enhance capital management flexibility and could support shareholder value over time, underscoring the group’s confidence in its financial position and long-term strategy.

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 at Lysaker outside Oslo, Norway, focusing on insurance, asset management, and long-term savings products for individuals and companies. The group emphasizes sustainable financial solutions, serving about 61,000 corporate customers and 2.6 million individual clients, and manages NOK 1,609 billion in assets, with its shares listed on the Oslo Stock Exchange under the ticker STB.

YTD Price Performance: 4.01%

Average Trading Volume: 748,721

Current Market Cap: NOK73.63B

Find detailed analytics on 0NO0 stock on TipRanks’ Stock Analysis page.

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