(IN BRIEF) Norsk Hydro ASA provides an update on its ongoing share buyback program, which began on September 22, 2023, and is scheduled to conclude on February 29, 2024. The company reports transactions, including the number of shares repurchased and the corresponding financial details, for specific dates in late December 2023 and early January 2024. As of the latest update, Norsk Hydro ASA has repurchased over 14 million shares, representing a significant step in the execution of the buyback program and accounting for approximately 1.43% of the company’s total share capital.
(PRESS RELEASE) OSLO, 4-Jan-2024 — /EuropaWire/ —
Overview of transactions:
Date | Aggregated daily volume (number of Shares) | Weighted average share price per day (NOK) | Total daily transaction value (NOK) |
27.12.23 | 58 928 | 68.13 | 4 014 977 |
28.12.23 | 29 857 | 68.66 | 2 050 047 |
29.12.23 | 5 000 | 68.35 | 341 732 |
1.1.24 | – | – | – |
2.1.24 | 29 064 | 68.22 | 1 982 874 |
Previous transactions | 13 970 498 | ||
Accumulated to date | 14 093 347 | 62.42 | 879 680 437 |
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 29 190 225 shares, corresponding to 1.43% 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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