Norsk Hydro ASA Reports Share Buyback Program Transactions Totaling NOK 312.8 Million (~ EUR 26.5 Million)

Norsk Hydro ASA Reports Share Buyback Program Transactions Totaling NOK 312.8 Million (~ EUR 26.5 Million)

(IN BRIEF) Norsk Hydro ASA has provided details of transactions made under its share buyback program, which commenced on September 22, 2023, and is set to conclude on February 29, 2024. The program has involved multiple transactions, with varying daily volumes and share prices. In total, Norsk Hydro ASA has conducted buyback transactions for 5,044,575 shares, with an average price of NOK 62.01, resulting in a total transaction value of NOK 312,825,520. Prior to the share buyback program, the company owned 15,096,878 of its own shares, and following these transactions, it now holds 20,141,453 shares, equivalent to 0.99% of Norsk Hydro ASA’s share capital.

(PRESS RELEASE) OSLO, 26-Oct-2023 — /EuropaWire/ —

Overview of transactions:

Date Aggregate daily volume (no. of shares) Average price (NOK) Total transaction value (NOK)
18.10.23 175 817 60.92 10 710 947
19.10.23 199 481 59.79 11 926 750
20.10.23 222 413 58.53 13 017 833
23.10.23 707 882 57.06 40 395 003
24.10.23 19 498 59.35 1 157 165
Previous transactions 3 719 484
Total transaction under the program 5 044 575 62.01 312 825 520

Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares. Following the above listed transactions, Norsk Hydro ASA owns a total of 20 141 453 shares, corresponding to 0.99% of Norsk Hydro ASA’s share capital.

Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification.

This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Media Contact:

Martine Rambøl Hagen
Head of Investor Relations
martine.rambol.hagen@hydro.com
+47 91708918

SOURCE: Norsk Hydro ASA

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