Storebrand ASA ( (GB:0NO0) ) has shared an update.
Storebrand ASA has announced the completion of several transactions under its share buyback program, which began on February 12, 2025, and will end on June 27, 2025. As a result of these transactions, Storebrand now owns 17,407,405 of its own shares, representing 3.89% of its share capital. This strategic move is likely to impact the company’s market positioning and shareholder value by consolidating ownership and potentially enhancing earnings per share.
More about Storebrand ASA
Storebrand is a Nordic financial group focused on providing increased security and financial wellness for individuals and companies. The company offers sustainable financial solutions and encourages customers to make sound economic decisions for the future. Storebrand serves approximately 55,000 corporate customers and 2.2 million individual customers, managing assets worth NOK 1,469 billion. The group is headquartered in Lysaker, Norway, and is listed on the Oslo Stock Exchange.
YTD Price Performance: 9.63%
Average Trading Volume: 245,567
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK57.24B
See more insights into 0NO0 stock on TipRanks’ Stock Analysis page.