Storebrand Kicks off NOK1 Billion Stock Repurchase Plan Leg

01:51 AM EDT, 07/15/2026 (MT Newswires) -- Storebrand (STB.OL) on Wednesday launched a 1 billion-Norwegian-krone tranche of its stock repurchase program for the second half of 2026. The Nordic financial group in February secured the Norwegian Financial Supervisory Authority's approval for a 2 billion-krone share buyback program. It has completed share buybacks totaling 1 billion kroner in the first half. The repurchased shares under the tranche, which is expected to end on Dec. 18, will be redeemed.