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Storebrand ASA Completes Share Buyback Transactions

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Storebrand ASA Completes Share Buyback Transactions

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

Storebrand ASA has completed a series of transactions under its share buyback program, purchasing a total of 532,000 shares between February 24 and February 28, 2025, at an average price of 123.65 NOK per share. Following these transactions, Storebrand now owns 14,724,905 of its own shares, representing 3.29% of its share capital. This buyback program is part of Storebrand’s strategy to manage its capital structure and enhance shareholder value.

More about Storebrand ASA

Storebrand is a Nordic financial group that provides financial security and freedom to individuals and businesses. It focuses on offering sustainable solutions and encourages customers to make sound financial decisions for the future. The company serves approximately 55,000 corporate customers and 2.2 million personal customers, managing assets worth 1,469 billion kroner. Storebrand is headquartered in Lysaker, near Oslo, and is listed on the Oslo Stock Exchange.

YTD Price Performance: 0.94%

Average Trading Volume: 110,617

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK54.65B

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

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