Novo Nordisk A/S - share repurchase programme

Bagsværd, Denmark, 1 May 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 2024.

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. The programme is now concluded.

Since the announcement 22 April 2024, the following transactions have been made:

  Number of B shares Average purchase price Transaction value, DKK
Accumulated, last announcement 2,133,500   1,846,074,351
22 April 2024 42,000 859.57 36,101,805
23 April 2024 42,000 881.98 37,043,211
24 April 2024 41,000 885.25 36,295,249
25 April 2024 41,000 861.96 35,340,459
26 April 2024 41,800 875.20 36,583,526
29 April 2024 41,000 886.30 36,338,345
30 April 2024 40,700 888.37 36,156,603
Accumulated under the programme 2,423,000   2,099,933,547

The details for each transaction made under the share repurchase programme are published on novonordisk.com.

Transactions related to Novo Nordisk’s incentive programmes have resulted in a net transfer from Novo Nordisk of 17,988 B shares in the period from 22 April 2024 to 30 April 2024. The shares in these transactions were not part of the Safe Harbour repurchase programme.

With the transactions stated above, Novo Nordisk owns a total of 3,945,719 B shares of DKK 0.10 as treasury shares, corresponding to 0.1% of the share capital. The total amount of A and B shares in the company is 4,446,500,000 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 30 April 2024, Novo Nordisk has since 6 February 2024 repurchased a total of 2,423,000 B shares at an average share price of DKK 866.67 per B share equal to a transaction value of DKK 2,099,933,547.

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.

Contact 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

Company announcement No 34 / 2024

Attachments

  • CA240501-share-repurchase-conclusion
  • 20240501 safe harbour transaction details.
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