Novo Nordisk A/S - share repurchase programme
May 17 2024 - 10:20AM
Novo Nordisk A/S - share repurchase programme
Bagsværd, Denmark, 17 May 2024 – On 6 May 2024,
Novo Nordisk initiated a share repurchase programme in accordance
with Article 5 of Regulation No 596/2014 of the European Parliament
and Council of 16 April 2014 (MAR) and the Commission Delegated
Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour
Rules"). This programme is part of the overall share repurchase
programme of up to DKK 20 billion to be executed during a 12-month
period beginning 6 February 2024.
Under the programme initiated 6 May 2024, Novo Nordisk will
repurchase B shares for an amount up to DKK 2.2 billion in the
period from 7 May 2024 to 5 August 2024.
Since the announcement 6 May 2024, the following transactions
have been made:
|
|
Number of B shares |
Average purchase price |
Transaction value, DKK |
| 7 May 2024 |
41,500 |
871.78 |
36,178,694 |
| 8 May 2024 |
41,000 |
889.00 |
36,449,139 |
| 13 May 2024 |
40,500 |
903.66 |
36,598,358 |
| 14 May 2024 |
40,000 |
917.73 |
36,709,080 |
| 15 May 2024 |
40,000 |
917.59 |
36,703,733 |
|
16 May 2024 |
39,000 |
911.68 |
35,555,455 |
|
Accumulated under the programme |
242,000 |
|
218,194,459 |
The details for each transaction made under the share repurchase
programme are published on novonordisk.com.
Transactions related to Novo Nordisk’s incentive programmes have
resulted in a net transfer from Novo Nordisk of 63,694 B shares in
the period from 07 May 2024 to 16 May 2024. The shares in these
transactions were not part of the Safe Harbour repurchase
programme.
With the transactions stated above, Novo Nordisk owns a total of
10,341,814 B shares of DKK 0.10 as treasury shares, corresponding
to 0.2% of the share capital. The total amount of A and B shares in
the company is 4,446,500,000 including treasury shares.
Novo Nordisk expects to repurchase B shares for an amount up to
DKK 20 billion during a 12-month period beginning 6 February 2024.
As of 16 May 2024, Novo Nordisk has since 6 February 2024
repurchased a total of 8,976,250 B shares at an average share price
of DKK 862.94 per B share equal to a transaction value of DKK
7,745,929,232.
Novo Nordisk is a leading global healthcare company, founded in
1923 and headquartered in Denmark. Our purpose is to drive change
to defeat serious chronic diseases, built upon our heritage in
diabetes. We do so by pioneering scientific breakthroughs,
expanding access to our medicines, and working to prevent and
ultimately cure disease. Novo Nordisk employs about 66,000 people
in 80 countries and markets its products in around 170 countries.
Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B).
Its ADRs are listed on the New York Stock Exchange (NVO). For more
information, visit novonordisk.com, Facebook, Instagram, X,
LinkedIn and YouTube.
Contact for further information.
|
Media: |
|
| Ambre
James-Brown +45 3079 9289abmo@novonordisk.com |
Liz
Skrbkova (US)+1 609 917 0632lzsk@novonordisk.com |
|
Investors: |
|
| Daniel
Muusmann Bohsen+45 3075 2175 dabo@novonordisk.com |
Jacob
Martin Wiborg Rode+45 3075 5956jrde@novonordisk.com |
| David
Heiberg Landsted +45 3077 6915 dhel@novonordisk.com |
Mark
Joseph Root (US) +1 848 213 3219mjhr@novonordisk.com |
| Sina
Meyer +45 3079 6656azey@novonordisk.com |
Frederik
Taylor Pitter +45 3075 8259fptr@novonordisk.com |
| Ida
Melvold Gjøsund+45 3077 5649 idmg@novonordisk.com |
|
Company announcement No 43 / 2024
- CA240517_Safe Harbour
- 240517 safe harbour transaction details.
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