STOREBRAND ASA: Share buyback program completed
Storebrand's buyback program, announced on 22 September 2023, is now completed. The total number of shares purchased under the program was 5 571 186 at an average price of NOK 89.75 per share, for a total consideration of NOK 500 million. Following the transactions, Storebrand ASA owns a total of 18 177 606 own shares, representing 3.9% of Storebrand ASA's share capital. The shares repurchased under the buyback program will be redeemed (i.e. cancelled), subject to permission from the Financial Supervisory Authority and resolution from Storebrand ASA's General Meeting in 2024.