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Novo Nordisk May Perform Stock Split - Chief Financial Officer

COPENHAGEN -(Dow Jones)- Danish pharmaceutical company Novo Nordisk A/S (NOVO-B.KO) may perform a stock split in the next couple of years, the company's chief financial officer Jesper Brandgaard said Thursday. "We have done several stock splits over the years, when the price has risen to levels that we found too high. With a price of more than $100, it is something we will consider again," Brandgaard said, speaking after the company released its fourth-quarter results. Novo Nordisk, the world's largest maker of insulin, earlier Thursday reported that its net profit rose 19% on the year in the fourth quarter, to 4.69 billion Danish kroner ($829 million). The result was better than expected, helped by strong growth in sales of its GLP-1 diabetes drug Victoza and ultra-long acting insulin Levemir. -By Flemming Emil Hansen and Niclas Rolander, Dow Jones Newswires; +46-8-5451-3102;

Stock News for Novo Nordisk a S (NVO)
10/26/201606:05:47Report of Foreign Issuer (6-k)
10/26/201601:14:00Novo Nordisk A/S 3Q 2016 -- Forecast
10/19/201609:09:57Report of Foreign Issuer (6-k)
10/11/201606:07:46Report of Foreign Issuer (6-k)
10/11/201606:06:14Report of Foreign Issuer (6-k)
10/07/201618:16:00Insulin List-Prices Climb Even as Drugmakers' Share Stays Flat
10/03/201611:30:10Report of Foreign Issuer (6-k)
10/03/201607:36:33Report of Foreign Issuer (6-k)
10/02/201623:40:00Novo Nordisk Bets on Riskier Insulin Research
10/02/201619:58:00Novo Nordisk Bets on Riskier Insulin Research
09/30/201601:40:00Novo Nordisk Announces Job Cuts
09/29/201618:20:00ADRs End Lower; Novo Nordisk Falls
09/29/201606:06:26Report of Foreign Issuer (6-k)
09/29/201604:40:00Novo Nordisk to Cut 1,000 Jobs Amid Growing Competition -- Update
09/27/201606:05:29Report of Foreign Issuer (6-k)
09/23/201610:57:13Report of Foreign Issuer (6-k)
09/19/201610:32:11Report of Foreign Issuer (6-k)
09/15/201612:37:00Great Place to Work® and Fortune name Novo Nordisk as one of...
09/12/201608:47:00Report of Foreign Issuer (6-k)
09/09/201613:13:30Amended Statement of Ownership (sc 13g/a)

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