Novo Nordisk A/S - share repurchase programme


Bagsværd, Denmark, 08 January 2024 – On 6 November 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 6 November 2023, Novo Nordisk will repurchase B shares for an amount up to DKK 4.1 billion in the period from 7 November 2023 to 29 January 2024.

Since the announcement 22 December, the following transactions have been made:

 Number of B shares (of DKK 0.10)Average purchase priceTransaction value, DKK
Accumulated, last announcement3,708,000 2,556,160,704
2 January 2024115,000694.7879,899,245
3 January 2024115,000698.9280,375,416
4 January 2024110,000719.7179,168,203
5 January 2024110,000725.0379,753,666
Accumulated under the programme4,158,000 2,875,357,234

The details for each transaction made under the share repurchase programme are published on

With the transactions stated above, Novo Nordisk owns a total of 52,162,054 B shares of DKK 0.10 as treasury shares, corresponding to 1.2% 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 05 January 2024, Novo Nordisk has since 1 February 2023 repurchased a total of 48,265,778 B shares of DKK 0.10 at an average share price of DKK 595.67 per B share of DKK 0.10 equal to a transaction value of DKK 28,750,442,032.

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 61,400 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, Facebook, Instagram, X, LinkedIn and YouTube.

Contacts for further information

Ambre James-Brown +45 3079 9289abmo@novonordisk.comElizabeth DeLuca (US)+1 609 580
Daniel Muusmann Bohsen+45 3075 2175 dabo@novonordisk.comJacob Martin Wiborg Rode+45 3075
David Heiberg Landsted +45 3077 6915 dhel@novonordisk.comMark Joseph Root (US) +1 848 213
Sina Meyer +45 3075 6656 azey@novonordisk.comFrederik Taylor Pitter +45 3075 8259

Company announcement No 01/2024


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