Storebrand ASA: STOREBRAND ASA: Share buyback program completed
Storebrand's buyback program, announced on 7 Februar 2024, is now completed.
The total number of shares purchased under the program was 4 178 309 at an average price of NOK 95.73 per share, for a total consideration of NOK 400 million.
Following the transactions, Storebrand ASA owns a total of 22 211 566 own shares, representing 4.77% of Storebrand ASA's share capital.
The shares repurchased under the buyback program that are not used for the company's remuneration program or stock purchase scheme for employees, will be redeemed (i.e. cancelled) subject to approval by the AGM in 2025.
Overview of transactions
Date Aggregate daily Volume weighted Total
volume (no. of average price transaction
shares) (NOK) value (NOK)
02.04.2024 66 819 100.77 6 733 504
Total previously announced 4 111 490 95.65 393 266 457
transactions under the
program:
Total transactions under the 4 178 309 95.73 399 999 961
program:
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, 2 April 2024