(IN BRIEF) Norsk Hydro ASA has successfully concluded its share buyback program, which began on September 22, 2023, and concluded on February 29, 2024. The program resulted in the acquisition of a total of 31,255,117 shares, equivalent to 1.53% of Norsk Hydro ASA’s share capital. This initiative reflects the company’s strategic efforts to manage its shareholding structure and enhance shareholder value. Detailed transaction data, including daily volumes, share prices, and total transaction values, are provided in the attached document.
(PRESS RELEASE) OSLO, 18-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) |
10.1.24 | 35 000 | 66.67 | 2 333 615 |
11.1.24 | 202 654 | 65.85 | 13 345 009 |
12.1.24 | 332 072 | 64.38 | 21 378 297 |
15.1.24 | 396 035 | 63.13 | 25 001 848 |
16.1.24 | 820 000 | 62.48 | 51 234 338 |
Previous transactions | 14 372 478 | ||
Accumulated to date | 16 158 239 | 62.60 | 1 011 495 754 |
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 31 255 117 shares, corresponding to 1.53% 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
MORE ON NORSK HYDRO, HYDRO, ETC.:
(IN BRIEF) The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar,…
(IN BRIEF) NatWest Social & Community Capital (S&CC), a charity funded by NatWest since 1999…
(IN BRIEF) Pairpoint, a joint venture by Vodafone and Sumitomo Corporation, has partnered with Sony…
(IN BRIEF) Currys plc has teamed up with Accenture and Microsoft to overhaul its technology…
(IN BRIEF) Eviden, a business division of Atos Group specializing in digital, cloud, big data,…
(IN BRIEF) Professor Daniel Arribas-Bel, a member of the University's School of Environmental Sciences and…