Storebrand has completed the share buyback program announced 11 July 2025, repurchasing 4,875,483 shares at an average price of NOK 153.8 per share for a total consideration of about NOK 750 million. After the program the company holds 11,558,511 own shares (2.65% of share capital); the repurchased shares are intended to be redeemed subject to AGM approval in 2026, which would reduce share count and could be accretive to per‑share metrics.
Storebrand announced completion of the share buyback program originally disclosed on 11 July 2025; the company repurchased 4,875,483 shares at an overall volume-weighted average price of NOK 153.83 per share for a total consideration of NOK 749,999,883 (approximately NOK 750 million), with final tranche trades on 15–17 December 2025 at prices between NOK 168.11 and NOK 169.20. The company now holds 11,558,511 treasury shares, representing 2.65% of share capital, and states the repurchased shares will be redeemed subject to AGM approval in 2026. Redeeming the shares would mechanically reduce outstanding share count and therefore be accretive to per-share metrics (EPS and ROE) if all else remains equal; the notice discloses earlier program activity of 4,734,993 shares at an average of NOK 153.39 and shows some later purchases executed at higher prices. Market signals attached to the release show a moderately positive tone (sentiment_score 0.35, market_impact_score 0.3), and the NOK 750m cash deployment should be viewed in the context of Storebrand's stated scale (NOK 1,561 billion AUM), implying the buyback is modest in absolute size but meaningful for shareholder return policy and near-term per-share dynamics.
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moderately positive
Sentiment Score
0.35
