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Storebrand Shareholders Approve Capital Reduction and Appoint New Auditor

Story Highlights
  • Storebrand ASA shareholders approved all AGM proposals, including reducing share capital by cancelling treasury shares.
  • The AGM also appointed Deloitte as Storebrand’s new auditor from 2027, signaling a shift in audit oversight and governance.
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Storebrand ASA ( (GB:0NO0) ) has shared an update.

Storebrand ASA, the Nordic financial group listed on Oslo Børs, focuses on providing sustainable savings, insurance, and pension solutions to individuals and companies, managing NOK 1,609 billion in assets across its large Nordic customer base. The group positions itself as a provider of long-term financial security and aims to motivate customers to make sound financial decisions for the future.

At its Annual General Meeting on 9 April 2026, Storebrand’s shareholders approved all proposals from the board and nomination committee, including a reduction in share capital through the cancellation of treasury shares. The meeting also resolved to appoint Deloitte AS as the company’s new external auditor from the 2027 financial year, signaling adjustments in capital structure and audit oversight that may influence governance, reporting practices, and shareholder value over time.

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 and listed on the Oslo Børs under the ticker STB. The company provides financial security solutions to both individuals and corporate clients, offering a broad range of sustainable savings, insurance, and pension products to about 61,000 corporate customers and 2.6 million individual customers across the region.

Average Trading Volume: 732,193

Current Market Cap: NOK75.62B

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

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