Storebrand Lifts Treasury Stake to 3.12% Through Ongoing Share Buyback

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

Storebrand ASA has continued executing its previously announced share buyback programme, repurchasing 426,000 shares between 16 and 20 March 2026 at volume‑weighted average prices ranging from NOK 169.21 to NOK 176.55. Including these latest transactions, total repurchases under the programme have reached 2,112,000 shares at an average price of NOK 175.25, corresponding to a cumulative outlay of NOK 370.1 million.

Following the new buybacks, Storebrand now holds 13,579,446 of its own shares, representing 3.12% of the company’s share capital. The expanded treasury position may provide greater flexibility for capital management decisions such as future cancellations or use of shares in incentive schemes, and underscores the group’s ongoing focus on shareholder returns alongside its core Nordic financial services operations.

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 providing insurance, pension, savings and investment solutions to individuals and corporate clients. The group emphasizes sustainable finance and responsible investments, and serves about 61,000 corporate customers and 2.6 million individuals while managing NOK 1,609 billion in assets. Headquartered at Lysaker outside Oslo, Storebrand is listed on the Oslo Stock Exchange under the ticker STB.

YTD Price Performance: -2.43%

Average Trading Volume: 696,690

Current Market Cap: NOK71.22B

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