Storebrand ASA: STOREBRAND ASA: Share buyback program completed
Storebrand's buyback program, announced on 14 July 2023, is now completed.
The total number of shares purchased under the program was 5 806 821 at an average price of NOK 86.11 per share, for a total consideration of NOK 500 million.
Following the transactions, Storebrand ASA owns a total of 12 627 409 own shares, representing 2.71% 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 resolution from Storebrand ASA's General Meeting in 2024.
Overview of transactions
Date Aggregate daily Volume weighted Total
volume (no. of average price transaction
shares) (NOK) value (NOK)
18.09.2023 85 000 86.50 7 352 653
19.09.2023 75 000 86.18 6 463 658
20.09.2023 35 000 86.52 3 028 372
21.09.2023 125 000 87.17 10 896 213
22.09.2023 39 207 86.50 3 391 268
Total previously announced 5 447 614 86.07 468 867 828
transactions under the
program:
Total transactions under the 5 806 821 86.11 499 999 991
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, 22 September 2023