Novo Nordisk A/S - share repurchase programme

Published

Bagsværd, Denmark, 23 March 2026 – On 4 February 2026, 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 15 billion to be executed during a 12-month period beginning 4 February 2026.

Under the programme initiated 4 February 2026, Novo Nordisk will repurchase B shares for an amount up to DKK 3.8 billion in the period from 4 February 2026 to 4 May 2026.

Since the announcement 16 March 2026, the following transactions have been made:

 Number ofB sharesAveragepurchase priceTransactionvalue, DKK
Accumulated, last announcement6,577,992 1,783,540,174
16 March 2026250,000247.4661,865,500
17 March 2026250,000250.4862,621,066
18 March 2026250,000242.8060,698,999
19 March 2026260,000237.7061,802,202
20 March 2026260,000235.2661,168,314
Accumulated under the programme7,847,992 2,091,696,255

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

With the transactions stated above, Novo Nordisk owns a total of 25,237,791 B shares of DKK 0.10 as treasury shares, corresponding to 0.6% of the share capital. The total amount of A and B shares in the company is 4,465,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 15 billion during a 12-month period beginning 4 February 2026. As of 20 March 2026, Novo Nordisk has since 4 February 2026 repurchased a total 7,847,992 B shares at an average share price of DKK 266.53 per B share equal to a transaction value of DKK 2,091,696,255.

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 68,800 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 novonordisk.com, Facebook, Instagram, X, LinkedIn and YouTube.

Contacts for further information

Media: 
Ambre James-Brown +45 3079 9289globalmedia@novonordisk.com Liz Skrbkova (US) +1 609 917 0632lzsk@novonordisk.com 
Investors: 
Michael Novod+45 3075 6050nvno@novonordisk.comJacob Martin Wiborg Rode+45 3075 5956jrde@novonordisk.com
Max Ung+45 3077 6414 mxun@novonordisk.comSina Meyer +45 3079 6656azey@novonordisk.com
Alex Bruce +45 3444 2613axeu@novonordisk.comChristoffer Sho Togo Tullin+45 3079 1471cftu@novonordisk.com
Frederik Taylor Pitter +1 609 613 0568fptr@novonordisk.com  

Company announcement No 20 / 2026

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