full announcement

16 Dec 2019 15:29 CET

Novo Nordisk A/S – Share repurchase programme

Bagsværd, Denmark, 16 December 2019 – On 5 November 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 5 November 2019, Novo Nordisk will repurchase B shares for an amount up to DKK 2.1 billion in the period from 6 November 2019 to 3 February 2020.

Since the announcement as of 9 December 2019, the following transactions have been made:

 Number of
B shares
purchase price
value, DKK
Accumulated, last announcement2,325,000 888,624,307
9 December 2019105,000383.3640,252,912
10 December 2019100,000384.5338,453,241
11 December 2019105,000381.9940,108,752
12 December 2019105,000382.9640,210,514
13 December 2019100,000382.7238,272,159
Accumulated under the programme2,840,000 1,085,921,885

The details for each transaction made under the share repurchase programme are published on

With the transactions stated above, Novo Nordisk owns a total of 47,775,199 B shares of DKK 0.20, corresponding to 2.0% 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 13 December, Novo Nordisk has since 1 February 2019 repurchased a total of 40,663,923 B shares at an average share price of DKK 343.78 per B share equal to a transaction value of DKK 13,979,594,503.

Novo Nordisk is a global healthcare company with more than 95 years of innovation and leadership in diabetes care. This heritage has given us experience and capabilities that also enable us to help people defeat obesity, haemophilia, growth disorders and other serious chronic diseases. Headquartered in Denmark, Novo Nordisk employs approximately 42,200 people in 80 countries and markets its products in more than 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, Facebook, Twitter, LinkedIn, YouTube.

Further information

Anne Margrethe Hauge+45 4442
Ken Inchausti (US)+1 609 240
Peter Hugreffe Ankersen+45 3075
Valdemar Borum Svarrer+45 3079
Ann Søndermølle Rendbæk+45 3075
Mark Joseph Root+45 3079
Kristoffer Due Berg (US)+1 609 235

Company announcement no. 74 / 2019