in at 121....NVO in buy back mode.
it'll push this up to near 200.00 BEOY
Bagsværd, Denmark, 19 February 2024 – On 6 February 2024, 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 20 billion to be executed during a 12-month period beginning 6 February 2023.
Under the programme initiated 6 February 2024, Novo Nordisk will repurchase B shares for an amount up to DKK 2.1 billion in the period from 6 February 2024 to 30 April 2024.
Since the announcement 12 February 2024, the following transactions have been made:
Number of
B shares
Average
purchase price
Transaction
value, DKK
Accumulated, last announcement
179,000
146,605,323
12 February 2024
43,000
834.96
35,903,384
13 February 2024
43,000
833.76
35,851,692
14 February 2024
44,000
838.42
36,890,697
15 February 2024
43,000
847.54
36,444,198
16 February 2024
42,500
846.54
35,977,766
Accumulated under the programme
394,500
327,673,060
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 46,935,207 B shares of DKK 0.10 as treasury shares, corresponding to 1.0% of the share capital. The total amount of A and B shares in the company is 4,510,000,000 including treasury shares.
Novo Nordisk expects to repurchase B shares for an amount up to DKK 20 billion during a 12-month period beginning 6 February 2024. As of 16 February 2024, Novo Nordisk has since 6 February 2024 repurchased a total of 394,500 B shares at an average share price of DKK 830.60 per B share equal to a transaction value of DKK 327,673,060.
Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat serious chronic diseases, built upon our heritage in diabetes. We do so by pioneering scientific breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 63,400 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). For more information, visit novonordisk.com, Facebook, Instagram, X, LinkedIn and YouTube.
