Storebrand ASA Executes Share Buyback Program

Storebrand ASA ( (GB:0NO0) ) just unveiled an announcement.

Storebrand ASA has announced transactions under its share buyback program, which began on February 12, 2025, and will end on June 27, 2025. The company has conducted several transactions, acquiring a total of 4,496,000 shares at an average price of NOK 126.28, amounting to a total transaction value of NOK 567,762,074. Following these transactions, Storebrand owns 17,824,055 shares, representing 3.98% of its share capital. This buyback program reflects Storebrand’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

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 wellness and security solutions for individuals and companies. The company focuses on sustainable 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 1,442 billion. The group is headquartered in Lysaker, Norway, and is listed on the Oslo Stock Exchange.

YTD Price Performance: 13.33%

Average Trading Volume: 925,680

Current Market Cap: NOK58.84B

For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.