Form 20-F [X]
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Form 40-F [ ]
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Yes [ ]
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No [X]
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Novo Nordisk A/S – Share repurchase programme
Bagsværd, Denmark, 24 August 2015 – On 30 April 2015, Novo Nordisk initiated a share repurchase programme in accordance with the provisions of the European Commission’s regulation no 2273/2003 of 22 December 2003, also referred to as the Safe Harbour rules. This programme is part of the overall share repurchase programme of up to DKK 17.5 billion to be executed during a 12-month period beginning 30 January 2015.
Under the programme initiated 30 April 2015, Novo Nordisk will repurchase B shares for an amount up to DKK 9.3 billion in the period from 30 April 2015 to 27 October 2015.
Since the announcement as of 17 August 2015, the following transactions have been made under the programme:
Number of B shares |
Average purchase price |
Transaction value, DKK | |
Accumulated, last announcement | 14,180,200 | 5,425,477,950 | |
17 August 2015 | 190,000 | 391.52 | 74,388,401 |
18 August 2015 | 188,000 | 396.53 | 74,547,132 |
19 August 2015 | 200,000 | 394.30 | 78,859,880 |
20 August 2015 | 215,000 | 386.51 | 83,100,016 |
21 August 2015 | 210,000 | 371.77 | 78,071,259 |
Accumulated under the programme | 15,183,200 | 5,814,444,638 |
Transactions related to Novo Nordisk’s incentive programmes have resulted in a net sale by Novo Nordisk of 4,060 B shares in the period from 17 August 2015 to 21 August 2015. 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 34,951,571 B shares of DKK 0.20, corresponding to 1.3% of the share capital, as treasury shares. The total amount of A and B shares in the company is 2,600,000,000 including treasury shares.
Novo Nordisk expects to repurchase B shares for an amount up to DKK 17.5 billion during a 12-month period beginning 30 January 2015. As of 21 August 2015, Novo Nordisk has repurchased a total of 26,361,104 B shares equal to a transaction value of DKK 9,514,444,309.
Novo Nordisk is a global healthcare company with more than 90 years of innovation and leadership in diabetes care. This heritage has given us experience and capabilities that also enable us to help people defeat other serious chronic conditions: haemophilia, growth disorders and obesity. Headquartered in Denmark, Novo Nordisk employs approximately 39,700 people in 75 countries and markets its products in more than 180 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, Twitter, LinkedIn, YouTube
Further information
Media: | ||
Anne Margrethe Hauge | +45 3079 3450 | amhg@novonordisk.com |
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Investors: | ||
Peter Hugreffe Ankersen | +45 3075 9085 | phak@novonordisk.com |
Daniel Bohsen | +45 3079 6376 | dabo@novonordisk.com |
Melanie Raouzeos | +45 3075 3479 | mrz@novonordisk.com |
Frank Daniel Mersebach (US) | +1 609 235 8567 | fdni@novonordisk.com |
Novo Nordisk A/S
Investor Relations
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Novo Allé
2880 Bagsværd
Denmark
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Telephone:
+45 4444 8888
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Internet:
www.novonordisk.com
24 25 67 90
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Company announcement No 50 / 2015
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Date: August 24,
2015
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NOVO NORDISK A/S
Lars Rebien Sørensen,
Chief Executive Officer
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