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Storebrand ASA ( (GB:0NO0) ) just unveiled an announcement.
Storebrand ASA has been executing a share buyback program on the Oslo Børs as part of its capital management, reinforcing its position as a major Nordic provider of sustainable savings, insurance and pension solutions for retail and corporate clients. The group, which manages NOK 1,609 billion in assets, serves 2.6 million personal customers and around 61,000 corporate clients across the Nordic region.
In the period from 23 to 27 March 2026, Storebrand repurchased 293,000 shares for a total of NOK 49.37 million, bringing cumulative buybacks under the current program to 2.405 million shares at an average price of NOK 174.42. Following these transactions, the company holds 13,872,446 treasury shares, equal to 3.19% of its share capital, a move that may enhance capital efficiency and potentially support shareholder value through a reduced free float and adjusted capital structure.
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 and listed on the Oslo Børs under the ticker STB. The company provides financial security solutions to private individuals and corporate clients, focusing on sustainable savings, insurance and pension products for about 61,000 corporate customers and 2.6 million personal customers, and manages NOK 1,609 billion in assets.
YTD Price Performance: -2.49%
Average Trading Volume: 711,164
Current Market Cap: NOK71.18B
For detailed information about 0NO0 stock, go to TipRanks’ Stock Analysis page.