StockWatch
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Biotechnology: Pharmaceutical Preparations
BuybackJun 24, 2026, 06:07 AM

Novo Nordisk updates on DKK 15B share repurchase program

AI Summary

Novo Nordisk provided an update on its ongoing share repurchase program, which aims to repurchase up to DKK 15 billion over a 12-month period starting February 4, 2026. A specific program initiated on May 6, 2026, targets repurchasing B shares up to DKK 11,200,000,010.45 by February 1, 2027. As of June 19, 2026, the company has repurchased a total of 20,959,179 B shares for DKK 5,577,005,168 since February 4, 2026. Novo Nordisk now owns 38,144,480 B shares as treasury shares, representing 0.9% of its share capital.

Key Highlights

  • Overall share repurchase program up to DKK 15 billion.
  • Current program (May 6, 2026 - Feb 1, 2027) up to DKK 11.2 billion.
  • Total 20,959,179 B shares repurchased since Feb 4, 2026.
  • Total value of repurchases since Feb 4, 2026: DKK 5,577,005,168.
  • 1,075,000 B shares repurchased from June 15-19, 2026.
  • Value of repurchases from June 15-19, 2026: DKK 305,949,309.
  • Company holds 38,144,480 treasury B shares, 0.9% of share capital.