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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)
12/23/201418:22:08Correction to Novo Nordisk Drug Article
12/23/201416:46:18FDA Approves Novo Nordisk Diabetes Drug's Use to Fight Obesity
10/31/201404:37:23Novo Nordisk Spends DKK750 Million on New Diabetes Resarch Lab
10/30/201413:17:25EUROPE MARKETS: European Stocks Climb For Third Straight Day
10/30/201410:01:06EUROPE MARKETS: European Stocks Fall For First Time In Three...
10/30/201406:36:02EUROPE MARKETS: European Stocks Falls For First Time In Three...
10/24/201411:57:38Novo Nordisk Served With Subpoena By US Attorney
09/16/201400:44:47EUROPE MARKETS: Aveva Sinks; Novo Nordisk Climbs: Europe's Big...
09/10/201413:39:33Correction to Tuesday's ADR Shares Story
09/09/201417:59:32ADR Shares End Lower; Novo Nordisk Shares Trade Actively
09/02/201403:54:50Novo Nordisk Stops Inflammatory Disease Research
08/27/201406:46:56Novo Nordisk Buys US Manufacturing Plant
08/26/201418:55:16ADR Shares End Higher; WPP Shares Active
08/18/201408:49:24Novo Nordisk To Pay DKK500,000 Fine
06/16/201407:23:04Novo Nordisk Sees 'No Strategic Reason' For Big Mergers -- Update
05/29/201405:56:44Merrion Pharmaceuticals Technology to Be Used in Insulin Tablet...
05/01/201412:30:12EUROPE MARKETS: U.K. Stocks Lead Europe Higher On Quiet May Day
05/01/201405:40:11Novo Nordisk Lowers Sales Forecast
05/01/201405:23:21Novo Nordisk Lowers Sales Forecast on Challenges in U.S. -- Update
04/28/201416:34:00EARNINGS PREVIEW: Novo Nordisk Net Proift Seen Up 6.2%

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