Novo Nordisk A/S - Share repurchase programme
Novo Nordisk A/S – Share repurchase programme
Bagsværd, Denmark, 1 July 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 will repurchase B shares for an amount up to DKK 2.7 billion in the period from 8 May 2019 to 7 August 2019.
Since the announcement as of 24 June 2019, the following transactions have been made under the programme:
| Number of B shares | Average purchase price | Transaction value, DKK | |
| Accumulated, last announcement | 3,843,000 | 1,255,256,544 | |
| 24 June 2019 | 125,000 | 332.94 | 41,617,055 |
| 25 June 2019 | 125,000 | 334.92 | 41,865,163 |
| 26 June 2019 | 125,000 | 336.72 | 42,089,417 |
| 27 June 2019 | 125,000 | 333.22 | 41,652,206 |
| 28 June 2019 | 125,000 | 334.52 | 41,815,478 |
| Accumulated under the programme | 4,468,000 | 1,464,295,863 |
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 26,811,143 B shares of DKK 0.20, corresponding to 1.1% 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 28 June 2019, Novo Nordisk has since 1 February 2019 repurchased a total of 19,644,504 B shares at an average share price of DKK 325.75 per B share equal to a transaction value of DKK 6,399,249,464.
Further information
| Media: | ||
| Anne Margrethe Hauge | ||
| Ken Inchausti (US) | ||
| Investors: | ||
| Peter Hugreffe Ankersen | ||
| Valdemar Borum Svarrer | ||
| Ann Søndermølle Rendbæk | ||
| Kristoffer Due Berg (US) | ||
Company announcement No 39/2019
Attachment