Novo Nordisk A/S – Share repurchase programme
Novo Nordisk A/S – Share repurchase programme
Bagsværd, Denmark, 9 September 2019 – On 9 August 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 9 August 2019, Novo Nordisk will repurchase B shares for an amount up to DKK 2.6 billion in the period from 9 August 2019 to 30 October 2019.
Since the announcement as of 2 September 2019, the following transactions have been made:
| Number of B shares | Average purchase price | Transaction value, DKK | |
| Accumulated, last announcement | 2,054,000 | 712,638,600 | |
| 2 September 2019 | 125,000 | 356.79 | 44,598,316 |
| 3 September 2019 | 125,000 | 360.29 | 45,036,143 |
| 4 September 2019 | 120,000 | 363.12 | 43,574,297 |
| 5 September 2019 | 130,000 | 359.40 | 46,722,098 |
| 6 September 2019 | 120,000 | 356.60 | 42,792,518 |
| Accumulated under the programme | 2,674,000 | 935,361,972 |
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 33,234,044 B shares of DKK 0.20, corresponding to 1.4% 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 6 September 2019, Novo Nordisk has since 1 February 2019 repurchased a total of 26,075,012 B shares at an average share price of DKK 328.68 per B share equal to a transaction value of DKK 8,570,315,427.
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. 52 / 2019
Attachment