STOREBRAND ASA: Share buyback program completed
Storebrand's buyback program, announced on 18 July 2022, is now completed. The total number of shares purchased under the program was 6 477 024 at an average price of NOK 77.20 per share, for a total consideration of NOK 500 million. Following the transactions, Storebrand ASA owns a total of 7 764 226 own shares, representing 1.65% 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 the approval from Storebrand ASA's General Meeting in 2023.
The biggest energy-efficiency investment in Valio’s history has been completed at Valio’s Lapinlahti factory in the North Savo region of Finland. The new flue-gas condenser captures heat from the factory’s chimney and simultaneously scrubs it to make it cleaner. The factory’s energy consumption will decrease by more than 10 percent and its greenhouse gas emissions by about 10,000 CO\2 \tons per year, i.e. an amount equivalent to the annual emissions of some 4,900 passenger cars.The Lapinlahti factory has the biggest total energy consumption of all Valio’s factories. The factory needs heat
