Novo Nordisk A/S purchases B shares worth DKK 5,428 million from Novo Holdings A/S under the 2024 share repurchase programme
May 06 2024 - 2:40PM
Novo Nordisk A/S purchases B shares worth DKK 5,428 million from
Novo Holdings A/S under the 2024 share repurchase programme
Bagsværd, Denmark, 06 May 2024 – Today, Novo
Nordisk A/S has entered into an agreement to purchase 6,311,250 B
shares of DKK 0.10 at a value of DKK 5,427,801,225.00 million from
Novo Holdings A/S. The transaction is part of Novo Nordisk A/S’
2024 share repurchase programme of up to a total of DKK 20 billion
to be executed during a 12-month period beginning 6 February 2024.
The transaction price is DKK 860.02 per share and has been
calculated as the three-day volume weighted average market price
from 2 May 2024 to 6 May 2024 in the open window following the
announcement of Novo Nordisk A/S’ quarterly financial results.
Prior to the sale of B shares, Novo Holdings A/S’ ownership of
Novo Nordisk A/S was 28.3% of the share capital and 77.4% of the
votes. Following the transaction, Novo Holdings A/S owns
1,074,872,000 A shares of DKK 0.10 and 183,871,750 B shares of DKK
0.10, corresponding to 28.2% of the capital and 77.3% of the votes
in Novo Nordisk A/S.
The transaction is in line with the announcement on 31 January
2024 that Novo Holdings A/S intends to maintain its ownership of
Novo Nordisk A/S’ share capital around 28%.
In addition, transactions related to Novo Nordisk’s incentive
programmes have resulted in a net transfer from Novo Nordisk of
93,461 B shares in the period from 2 May 2024 to 6 May 2024.
With the transactions stated above, Novo Nordisk A/S owns a
total of 10,163,508 B shares of DKK 0.10, corresponding to 0.2% of
the share capital, as treasury shares. The total number of A and B
shares in the company is 4,465,000,000 of DKK 0.10 including
treasury shares.
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 66,000 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.
Contacts for further information
Media: |
|
Ambre
James-Brown +45 3079 9289abmo@novonordisk.com |
Liz
Skrbkova (US)+1 609 917 0632lzsk@novonordisk.com |
Investors: |
|
Daniel
Muusmann Bohsen+45 3075 2175 dabo@novonordisk.com |
Jacob
Martin Wiborg Rode+45 3075 5956jrde@novonordisk.com |
David
Heiberg Landsted +45 3077 6915 dhel@novonordisk.com |
Mark
Joseph Root (US) +1 848 213 3219mjhr@novonordisk.com |
Sina
Meyer +45 3079 6656azey@novonordisk.com |
Frederik
Taylor Pitter +45 3075 8259fptr@novonordisk.com |
Ida
Melvold Gjøsund+45 3077 5649 idmg@novonordisk.com |
|
Company announcement No 37 / 2024
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