04 July 2023 | Tuesday | News
Under the programme initiated 9 May 2023, Novo Nordisk will repurchase B shares for an amount up to DKK 5.8 billion in the period from 10 May 2023 to 8 August 2023.
Since the announcement 26 June of the programme, the following transactions have been made:
Number of B shares | Average purchase price | Transaction value, DKK | |
Accumulated, last announcement | 2,466,200 | 2,758,709,052 | |
26 June 2023 | 86,400 | 1,089.99 | 94,174,741 |
27 June 2023 | 86,000 | 1,066.47 | 91,716,260 |
28 June 2023 | 90,000 | 1,062.80 | 95,651,839 |
29 June 2023 | 88,000 | 1,063.05 | 93,548,258 |
30 June 2023 | 90,000 | 1,087.22 | 97,849,857 |
Accumulated under the programme | 2,906,600 | 3,231,650,007 |
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 13,890,532 B shares of DKK 0.20 as treasury shares, corresponding to 0.6% of the share capital. The total amount of A and B shares in the company is 2,255,000,000 including treasury shares.
Novo Nordisk expects to repurchase B shares for an amount up to DKK 30 billion during a 12-month period beginning 1 February 2023. As of 30 June 2023, Novo Nordisk has since 1 February 2023 repurchased a total of 11,836,941 B shares at an average share price of DKK 1,074.68 per B share equal to a transaction value of DKK 12,720,887,659.
Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 57,100 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)
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