Storebrand ASA: STOREBRAND ASA: Share buyback program completed
Storebrand's buyback program, announced on 24 April 2024, is now completed.
The total number of shares purchased under the program was 9 785 494 at an average price of NOK 112.41 per share, for a total consideration of NOK 1.1 billion.
Following the transactions, Storebrand ASA owns a total of 13 988 270 own shares, representing 3.12% of Storebrand ASA's share capital.
The shares repurchased under the buyback program will be redeemed (i.e. cancelled), subject to approval by the AGM in 2025.
Overview of transactions
| Date | Aggregate daily volume (no. of shares) | Volume weighted average price (NOK) | Total transaction value (NOK) |
| 18.11.2024 | 25 000 | 121.24 | 3 030 958 |
| 19.11.2024 | 25 000 | 121.25 | 3 031 350 |
| 20.11.2024 | 38 152 | 121.69 | 4 642 763 |
| 21.11.2024 | 25 000 | 122.42 | 3 060 428 |
| 22.11.2024 | 24 187 | 122.51 | 2 963 103 |
| Total previously announced transactions under the program: | 9 648 155 | 112.28 | 1 083 271 327 |
| Total transactions under the program: | 9 785 494 | 112.41 | 1 099 999 931 |
Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.
Lysaker, 22 November 2024