STB.OL - Storebrand ASA

Oslo - Oslo Delayed price. Currency in NOK
+1.65 (+2.41%)
At close: 4:25PM CEST
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Previous close68.35
Bid69.95 x 115200
Ask70.05 x 81400
Day's range68.50 - 70.05
52-week range39.16 - 70.15
Avg. volume1,346,195
Market cap31.43B
PE ratio (TTM)13.54
EPS (TTM)5.17
Earnings date25 Oct 2017
Forward Dividend & Yield0.18 (2.13%)
Ex-dividend date2017-04-06
1y target est62.98
  • Reuters - UK Focus6 months ago

    Pension fund Storebrand urges Norway to follow fossil-free lead

    Storebrand, Norway's largest private pension fund, on Thursday launched two new fossil-free funds and called on the government to cut the nation's exposure to coal and other fossil fuels. Norway's $900-billion sovereign wealth fund, the world's largest and built on oil and gas revenues, has sought to lead the shift from investment in coal, the most polluting fossil fuel, but it remains heavily exposed to oil and gas. Storebrand CEO Odd Arild Grefstad said getting out of fossil fuel would deliver the highest returns over the longer term, and Norway needed to diversify out of oil and gas as asset values there could suffer if more investors turn their back on them.

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