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UK
08 Aug 2019 11:15 CET

Novo Nordisk A/S - Share repurchase programme

Bagsværd, Denmark, 8 August 2019 – On 7 May 2019, 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 15 billion to be executed during a 12-month period beginning 1 February 2019.

Under the programme initiated 7 May 2019, Novo Nordisk has repurchased B shares for an amount up to DKK 2.7 billion in the period from 8 May 2019 to 7 August 2019. The programme is now concluded.

Since the announcement as of 5 August 2019, the following transactions have been made under the programme:

 Number of
B shares
Average
purchase price
Transaction
value, DKK
Accumulated, last announcement7,795,400 2,560,398,451
5 August 2019142,000324.8446,126,809
6 August 2019116,080323.3237,531,075
7 August 2019171,028327.1055,943,518
Accumulated under the programme8,224,508 2,699,999,853

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 30,568,156 B shares of DKK 0.20, corresponding to 1.3% of the share capital, as treasury shares. The total amount of A and B shares in the company is 2,400,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 15 billion during a 12-month period beginning 1 February 2019. As of 7 August 2019, Novo Nordisk has since 1 February 2019 repurchased a total of 23,401,012 B shares at an average share price of DKK 326.27 per B share equal to a transaction value of DKK 7,634,953,454.

Further information

Media:  
Anne Margrethe Hauge+45 4442 3450amhg@novonordisk.com
Ken Inchausti (US)+1 609 240 9429kiau@novonordisk.com
   
Investors:  
Peter Hugreffe Ankersen+45 3075 9085phak@novonordisk.com
Valdemar Borum Svarrer+45 3079 0301jvls@novonordisk.com
Ann Søndermølle Rendbæk+45 3075 2253arnd@novonordisk.com
Kristoffer Due Berg (US)+1 609 235 2989krdb@novonordisk.com
   

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