Storebrand Lifts Treasury Stake to 2.74% Through Ongoing Share Buyback

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

Storebrand ASA has continued its share buyback program, repurchasing a total of 355,000 shares between 11 and 13 February 2026 at a weighted average price of NOK 177.51, for an aggregate consideration of NOK 63,017,364. Following these transactions, the group now holds 11,913,511 of its own shares, representing 2.74% of the company’s share capital, a move that signals ongoing capital management efforts and may support shareholder value through reduced free float and potential earnings-per-share accretion.

The buyback activity underscores Storebrand’s confidence in its financial position and long-term strategy, occurring against the backdrop of its role as a major Nordic provider of sustainable financial solutions in pensions, savings, and insurance. For investors, the increased treasury shareholding can be interpreted as a sign of disciplined balance sheet management and potentially more flexible options for future capital allocation, including possible cancellation of shares or use in incentive schemes.

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, providing savings, insurance, and pension products that aim to deliver financial security and freedom to private individuals and corporate clients. The company has about 61,000 corporate customers, 2.6 million personal customers, manages NOK 1,609 billion in assets, and is listed on the Oslo Børs under the ticker STB.

YTD Price Performance: 1.33%

Average Trading Volume: 648,601

Current Market Cap: NOK75.89B

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