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STOREBRAND ASA: Share buyback program completed
26 Jun 2025 07:00 CEST
Issuer
Storebrand ASA
Storebrand's buyback program, announced on 12 February 2025, is now completed.
The total number of shares purchased under the program was 5 845 292 at an
average price of NOK 128.31 per share, for a total consideration of NOK 750
million.
Following the transactions, Storebrand ASA owns a total of 6 685 077 own shares,
representing 1.54% of Storebrand ASA's share capital.
The shares repurchased under the buyback program will be redeemed (i.e.
cancelled), subject to approval by the AGM in 2026.
Overview of transactions
Date Aggregate daily Volume weighted Total
volume (no. of average price transaction
shares) (NOK) value (NOK)
23.06.2025 70 000 136.51 9 555 861
24.06.2025 68 000 139.49 9 485 592
25.06.2025 51 292 140.04 7 182 875
Total previously announced 5 656 000 127.97 723 775 696
transactions under the
program:
Total transactions under the 5 845 292 128.31 749 999 896
program:
Attachment: An overview of all the completed transactions under the program for
the dates specified above is attached to this notification and available on
www.newsweb.no.
Lysaker, 26 June 2025
For further inquiries, please contact:
Johannes Narum, Head of Investor Relations:
johannes.narum@storebrand.no or (+47) 993 33 569
Storebrand is a Nordic financial group, delivering increased security and
financial wellness for people and companies. We offer sustainable solutions and
encourage our customers to take good economic decisions for the future. Our
purpose is clear: we create a brighter future. Storebrand has about 55.000
corporate customers, 2.2 million individual customers and manages NOK 1,442
billion. The Group has its headquarter at Lysaker outside of Oslo, Norway.
Storebrand (STB) is listed on Oslo Stock Exchange.
www.storebrand.no
This is information is pursuant to the EU Market Abuse Regulation and subject to
the disclosure requirements pursuant to Section 5-12 the Norwegian Securities
Trading Act.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Storebrand ASA
Provider
Oslo Børs Newspoint
Company Name
STOREBRAND, Storebrand ASA 20/25 FRN, Storebrand ASA 24/29 FRN
ISIN
NO0003053605, NO0010892334, NO0013261115
Symbol
STB
Market
Euronext Oslo Børs Nordic Alternative Bond Market