Storebrand ASA Concludes Major Share Buyback

Storebrand ASA (GB:0NO0) has released an update.

Storebrand ASA has completed a series of share buybacks, acquiring a total of 6,243,730 shares at an average price of NOK 108.70, now holding 2.33% of its share capital. The recent transactions, part of a program announced on April 24, 2024, and running until December 20, 2024, involved purchasing shares worth over NOK 678 million. This move by the Nordic financial giant is part of its strategy to manage its capital and invest in its own shares.

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