Storebrand registers 2,746,582 Knif deal shares for Storebrand stock

Published on 10/20/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Knif Trygghet deal is valued at NOK 560 million on October 16, 2026. Storebrand stock costs EUR 17.98 on October 20, 2026, ahead of its October 21 report.

Storebrand prepares for its next report

Storebrand registered 2,746,582 new shares on October 19, 2026.
The Knif Trygghet transaction is valued at NOK 560 million on October 16, 2026.
Storebrand stock trades at EUR 17.98 at 1:07 p.m. CEST at Lang & Schwarz on October 20, 2026.
Storebrand will publish its third-quarter report on October 21, 2026.

Geometrisches Bauhaus-Poster mit dem Wort INSURANCE in kräftigen Grundfarben — Storebrand ASA NO0003053605 gestaltet ein geometrisches Bauhaus-Poster mit dem Sektor-Kürzel INSURANCE in kräftigen Grundfarben, Illustration mit AI erstellt.

Storebrand (NO0003053605) registered 2,746,582 new shares on October 19, 2026, after completing the share issue linked to its acquisition of Knif Trygghet Forsikring. The stock was trading at EUR 17.98 at Lang & Schwarz at 1:07 p.m. CEST on October 20, 2026. Cision reported the registration and the resulting share count.

Three steps to the Knif deal

On July 15, 2026, Storebrand reported a second-quarter result of NOK 1.80 billion, up 26 percent year over year, according to the company's earnings presentation carried by Yahoo Finance. On October 16, 2026, the company said it had completed the Knif transaction for NOK 560 million, with 92.0 percent of Knif shareholders joining the agreement.

On October 19, 2026, the registration raised Storebrand's share capital to NOK 2.14 billion and the total share count to 427,510,218. The transaction is intended to expand Storebrand's insurance offering for Christian and nonprofit organizations, while the planned merger with Storebrand Forsikring is expected in 2027.

What does the deal add?

Knif brings a property and casualty insurance portfolio with NOK 792 million in gross premiums and an 88 percent combined ratio in the prior year, figures cited in Storebrand's second-quarter presentation. Management said the acquisition is not expected to have a material impact on group results, solvency or liquidity, making the transaction strategically relevant but financially limited in the near term.

Dates for the next catalyst

Storebrand is scheduled to release its third-quarter report on October 21, 2026, at 7:00 a.m. CET and to hold its investor presentation at 10:00 a.m. CET, according to Cision. The second-quarter presentation showed earnings per share of NOK 3.43 and a solvency margin of 200 percent, giving investors two operating markers for the upcoming report.

Stock holds a measurable range

Storebrand's primary listing is on the Oslo Stock Exchange. Its latest quoted market value was NOK 79.2 billion, while the 52-week range was NOK 153.60 to NOK 208.20, both as of October 20, 2026. The combination of the Knif integration and the imminent third-quarter report places execution and capital strength at the center of the next trading session.

Storebrand was trading at EUR 17.98 at Lang & Schwarz on October 20, 2026 at 1:07 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Storebrand stock.