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Storebrand ASA Advances Share Buyback Program

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An update from Storebrand ASA ( (GB:0NO0) ) is now available.

Storebrand ASA has been actively engaging in a share buyback program, which was announced on February 12, 2025, and is set to run until June 27, 2025. The recent transactions have resulted in Storebrand owning 17,519,055 of its own shares, representing 3.91% of its share capital. This buyback initiative is part of Storebrand’s strategic efforts to enhance shareholder value and optimize its capital structure, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (GB:0NO0) stock is a Hold with a NOK115.00 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 is a Nordic financial group that provides financial security and freedom to individuals and businesses. The company focuses on offering sustainable solutions and encourages customers to make sound financial choices for the future. Storebrand serves approximately 55,000 corporate customers and 2.2 million personal customers, managing assets worth 1,442 billion kroner. The group is headquartered in Lysaker, near Oslo, and is listed on the Oslo Stock Exchange.

YTD Price Performance: 14.28%

Average Trading Volume: 923,699

Current Market Cap: NOK59.34B

For detailed information about 0NO0 stock, go to TipRanks’ Stock Analysis page.

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