Storebrand ASA (OSL:STB) posted a stronger Q2—operating profit up 17% and adjusted EPS NOK 3.43—driven by improved retail P&C and 12% lower asset management costs, and launched a new share buyback tranche up to NOK 1.0bn running through Dec 18, 2026.
Previous Week Recap
- Q2 Operating Profit Up; EPS NOK 3.43: Storebrand ASA (STB) Q2: operating profit +17% y/y; adjusted EPS NOK 3.43 vs 2.87; retail P&C improved; asset management costs down 12%, boosting quarterly profitability.
- New Share Buyback Tranche: Storebrand ASA (STB) continues share buyback: new tranche up to NOK 1.0bn (~1.2% of capital at NOK 188.6), running through 18 Dec 2026 as part of ongoing repurchases.
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