Bagsværd, Denmark, 27 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 17 May 2024, the following transactions have been made:
| Number of B shares | Average purchase price | Transaction value, DKK | |
| Accumulated, last announcement | 242,000 | 218,194,459 | |
| 17 May 2024 | 38,952 | 906.86 | 35,324,002 |
| 21 May 2024 | 40,000 | 917.94 | 36,717,473 |
| 22 May 2024 | 38,200 | 916.60 | 35,014,181 |
| 23 May 2024 | 39,000 | 937.21 | 36,551,013 |
| 24 May 2024 | 38,000 | 930.99 | 35,377,758 |
| Accumulated under the programme | 436,152 | 397,178,886 |
The details for each transaction made under the share repurchase programme are published on novonordisk.com.
With the transactions stated above, Novo Nordisk owns a total of 10,535,966 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 24 May 2024, Novo Nordisk has since 6 February 2024 repurchased a total of 9,170,402 B shares at an average share price of DKK 864.18 per B share equal to a transaction value of DKK 7,924,913,659.
Contact for further information.
| Media: | |
| Ambre James-Brown +45 3079 9289 abmo@novonordisk.com | Liz Skrbkova (US) +1 609 917 0632 lzsk@novonordisk.com |
| Investors: | |
| Daniel Muusmann Bohsen +45 3075 2175 dabo@novonordisk.com | Jacob Martin Wiborg Rode +45 3075 5956 jrde@novonordisk.com |
| David Heiberg Landsted +45 3077 6915 dhel@novonordisk.com | Mark Joseph Root (US) +1 848 213 3219 mjhr@novonordisk.com |
| Sina Meyer +45 3079 6656 azey@novonordisk.com | Frederik Taylor Pitter +45 3075 8259 fptr@novonordisk.com |
| Ida Melvold Gjøsund +45 3077 5649 idmg@novonordisk.com |
Company announcement No 44 / 2024
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