Storebrand Lifts Treasury Stake to 3.38% Through Ongoing Share Buybacks

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

Storebrand ASA has continued executing its share buyback program announced in February 2026, repurchasing a total of 296,850 shares between 20 and 24 April 2026 at volume-weighted average prices around NOK 170–172 per share. Including these latest trades, the company has bought back 3,252,137 shares for NOK 566.1 million under the program, bringing its total treasury shareholding to 14,719,713 shares, or 3.38% of its share capital.

The expanded treasury position signals ongoing capital management and balance-sheet optimization by Storebrand at a time of substantial assets under management, which may support earnings per share over time and increase financial flexibility. The buybacks can be seen as a vote of confidence by management in the company’s valuation and prospects, while also potentially affecting free float and liquidity in the stock for existing shareholders on the Oslo market.

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 in Lysaker outside Oslo, Norway, focused on providing insurance, pension, savings and investment solutions that promote long-term financial security and wellness for individuals and companies. The group emphasizes sustainable financial products, serves about 61,000 corporate customers and 2.6 million individuals, manages NOK 1,609 billion in assets, and is listed on the Oslo Stock Exchange under the ticker STB.

YTD Price Performance: 0.78%

Average Trading Volume: 759,742

Current Market Cap: NOK71.35B

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