Novo Nordisk A/S – Share repurchase programme

Bagsværd, Denmark, 16 October 2023 – On 10 August 2023, 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 30 billion to be executed during a 12-month period beginning 1 February 2023.

Under the programme initiated 10 August 2023, Novo Nordisk will repurchase B shares for an amount up to DKK 5.7 billion in the period from 10 August 2023 to 31 October 2023.

Since the announcement 09 October 2023, the following transactions have been made:

  Number of B shares (of DKK 0.10) Average purchase price Transaction value, DKK
Accumulated, last announcement 6,258,162   4,054,258,168
09 October 2023 150,000 649.47 97,420,869
10 October 2023 150,000 646.50 96,975,403
11 October 2023 150,000 673.34 101,000,768
12 October 2023 145,000 696.74 101,027,220
13 October 2023 140,000 702.22 98,310,605
Accumulated under the programme 6,993,162   4,548,993,033

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 39,486,846 B shares of DKK 0.10 as treasury shares, corresponding to 0.9% of the share capital. The total amount of A and B shares of DKK 0.10 in the company is 4,510,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 30 billion during a 12-month period beginning 1 February 2023. As of 13 October 2023, Novo Nordisk has since 1 February 2023 repurchased a total of 35,430,324 B shares of DKK 0.10 at an average share price of DKK 559.92 per B share of DKK 0.10 equal to a transaction value of DKK 19,838,223,618.

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 59,000 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 Elizabeth DeLuca (US)+1 609 580 9868edel@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 3075 6656 azey@novonordisk.com Frederik Taylor Pitter +45 3075 8259 fptr@novonordisk.com

Company announcement No 65 / 2023

Attachments

  • 20231016 - Share-repurchase
  • 20231016 - transaction details
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