STOREBRAND ASA: The NFSA has approved Storebrand's application for share buybacks

The Norwegian Financial Supervisory Authority (NFSA) has today approved Storebrand's application for share buybacks.

In connection with the publication of Storebrand's 4th quarter 2023 results, Storebrand announced that the Board intends to continue with the share buyback program, and would seek an approval from the NFSA to initiate further buybacks. Storebrand has an ambition of annual buybacks in the order of NOK 1.5 billion during the year, of which NOK 400 million has been conducted year to date.

The application has now been approved by the NFSA and the program is expected to commence after the release of the first quarter result for 2024.

Lysaker, 19 April 2024

For further inquiries, please contact:

Johannes Narum, Head of Investor Relations:
johannes.narum@storebrand.no or (+47) 993 33 569