STOREBRAND ASA – Initiating NOK 400 million Share Buyback Program
The Board of Storebrand ASA ("the Board") has decided to continue the share buyback program today, 7 February 2024, with a tranche amounting to a maximum of NOK 400 million ("the program"). This is equivalent to approx. 0.9% of the share capital in Storebrand ASA given the last closing price of NOK 95.66. The program will end no later than 3 April 2024. On February 6, Storebrand received an approval from the Norwegian Financial Supervisory Authority (NFSA) to conduct share buybacks. The Board has decided to continue the buyback program with a tranche amounting to NOK 400 million today.