Bagsværd, Denmark, 3 June 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 27 May 2024, the following transactions have been made:
| Number of B shares | Average purchase price | Transaction value, DKK | |
| Accumulated, last announcement | 436,152 | 397,178,886 | |
| 27 May 2024 | 38,393 | 923.26 | 35,446,572 |
| 28 May 2024 | 39,500 | 919.34 | 36,313,977 |
| 29 May 2024 | 39,500 | 910.26 | 35,955,302 |
| 30 May 2024 | 40,000 | 923.83 | 36,953,336 |
| 31 May 2024 | 39,000 | 924.78 | 36,066,313 |
| Accumulated under the programme | 632,545 | 577,914,385 |
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 10,732,359 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 4,465,000,000 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 31 May 2024, Novo Nordisk has since 6 February 2024 repurchased a total of 9,366,795 B shares at an average share price of DKK 865.36 per B share equal to a transaction value of DKK 8,105,649,158.
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: | |
| 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 45/2024
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