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Storebrand ASA ( (GB:0NO0) ) has issued an announcement.
Storebrand ASA has continued executing its previously announced share buyback program, repurchasing 175,000 shares between 3 and 7 August 2026 at weighted average prices around NOK 201–206. Following these latest transactions, the company has bought a total of 884,579 shares under the program, bringing its treasury shareholding to 7,000,746 shares, equivalent to 1.65% of its share capital.
The expansion of Storebrand’s treasury stock via this buyback program signals ongoing capital management aimed at optimizing its balance sheet and potentially enhancing shareholder value. By gradually increasing its ownership of own shares, the company reinforces confidence in its financial position and provides flexibility for future capital allocation, which is relevant for investors tracking its capital return policies.
The most recent analyst rating on (GB:0NO0) stock is a Buy
with a NOK216.00 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 focused on providing financial security and freedom for individuals and companies, with a strong emphasis on sustainable solutions. The group serves around 61,000 corporate customers and 2.6 million personal customers, manages NOK 1,658 billion in assets, is headquartered at Lysaker outside Oslo, and is listed on the Oslo Børs under the ticker STB.
YTD Price Performance: 20.25%
Average Trading Volume: 536,313
Current Market Cap: NOK82.97B
For a thorough assessment of 0NO0 stock, go to TipRanks’ Stock Analysis page.