Storebrand Lifts Treasury Stake to 3.24% Through Ongoing Share Buyback

Storebrand ASA ( (GB:0NO0) ) has provided an announcement.

Storebrand ASA continued its previously announced share buyback programme, repurchasing 100,000 shares on 10 April 2026 at a weighted average price of NOK 173.98, for a total consideration of NOK 17.4 million. Including prior repurchases, the company has now bought back 2,659,000 shares under the programme at an average price of NOK 174.38, bringing its total holding of own shares to 14,126,576, equal to 3.24% of its share capital.

The increased treasury share position strengthens Storebrand’s financial flexibility and may support future capital management initiatives, including potential share cancellations or use of shares for corporate purposes. The transactions also signal continued commitment to shareholder returns, as the buybacks are conducted under a publicly disclosed programme that complies with EU Market Abuse Regulation and Norwegian securities law.

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 savings, insurance, and pension solutions to private individuals and corporate clients. The group emphasizes sustainable financial products, serves around 61,000 corporate customers and 2.6 million personal customers, manages NOK 1,609 billion in assets, and is listed on the Oslo Børs with its head office at Lysaker outside Oslo.

YTD Price Performance: 3.65%

Average Trading Volume: 747,967

Current Market Cap: NOK73.38B

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