Transaction in Own Shares • Apr 19, 2024
Transaction in Own Shares
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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:
[email protected] or (+47) 993 33 569
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