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Storebrand ASA Executes Share Buyback Program

Story Highlights

Storebrand ASA ( (GB:0NO0) ) has issued an announcement.

Storebrand ASA has announced transactions under its buyback program, which was initiated on February 12, 2025, and is set to run until June 27, 2025. The company has completed several transactions, resulting in the purchase of a significant number of shares, which now constitute 3.76% of its share capital. This move is part of Storebrand’s strategy to manage its capital structure and potentially enhance shareholder value.

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 decisions for the future. Storebrand serves approximately 55,000 corporate customers and 2.2 million personal customers, managing assets worth 1,469 billion kroner. It is headquartered in Lysaker, outside Oslo, and is listed on the Oslo Stock Exchange.

YTD Price Performance: 2.57%

Average Trading Volume: 149,184

Technical Sentiment Signal: Sell

Current Market Cap: NOK52.91B

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

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