Norsk Hydro: Status share buyback program
Norsk Hydro ASA has provided an update on its share buyback program, which was announced on September 11, 2024, and is set to end on February 28, 2025. From October 2 to October 8, 2024, the company repurchased a total of 1,097,000 shares at a weighted average price of NOK 67.91 per share, for a total transaction value of NOK 74,258,718.
Prior to this program, Norsk Hydro owned 14,082,505 own shares. Following these transactions, the company now owns 17,920,461 shares, representing 0.89% of its share capital. The accumulated total of shares repurchased under the program to date is 3,837,956 at an average price of NOK 64.01, totaling NOK 245,658,243.
Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni, annunciato l'11 settembre 2024 e che si concluderà il 28 febbraio 2025. Dal 2 ottobre all'8 ottobre 2024, la società ha riacquistato un totale di 1.097.000 azioni a un prezzo medio ponderato di NOK 67,91 per azione, per un valore totale della transazione di NOK 74.258.718.
Prima di questo programma, Norsk Hydro possedeva 14.082.505 azioni proprie. Dopo queste transazioni, la società possiede ora 17.920.461 azioni, che rappresentano 0,89% del suo capitale azionario. Il totale accumulato di azioni riacquistate nell'ambito del programma fino ad oggi è di 3.837.956 a un prezzo medio di NOK 64,01, per un totale di NOK 245.658.243.
Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, que fue anunciado el 11 de septiembre de 2024 y concluirá el 28 de febrero de 2025. Desde el 2 de octubre hasta el 8 de octubre de 2024, la empresa recompró un total de 1.097.000 acciones a un precio medio ponderado de NOK 67,91 por acción, por un valor total de transacción de NOK 74.258.718.
Antes de este programa, Norsk Hydro poseía 14.082.505 acciones propias. Tras estas transacciones, la empresa ahora posee 17.920.461 acciones, que representan 0,89% de su capital social. El total acumulado de acciones recompradas bajo el programa hasta la fecha es de 3.837.956 a un precio promedio de NOK 64,01, por un total de NOK 245.658.243.
Norsk Hydro ASA는 2024년 9월 11일에 발표한 자사주 매입 프로그램에 대한 업데이트를 제공하였으며, 이 프로그램은 2025년 2월 28일에 종료될 예정입니다. 2024년 10월 2일부터 10월 8일까지 회사는 1,097,000주를 평균 가중 가격 NOK 67.91로 재매입하였으며, 총 거래 가치는 NOK 74,258,718입니다.
이번 프로그램 이전에 Norsk Hydro는 14,082,505주를 보유하고 있었습니다. 이러한 거래 후, 회사는 현재 17,920,461주를 보유하고 있으며, 이는 자본금의 0.89%를 차지합니다. 지금까지 프로그램에 따라 재매입된 총 주식 수는 3,837,956주이며, 평균 가격은 NOK 64.01로, 총 NOK 245,658,243입니다.
Norsk Hydro ASA a fourni une mise à jour sur son programme de rachat d'actions, annoncé le 11 septembre 2024, et qui devrait se terminer le 28 février 2025. Du 2 au 8 octobre 2024, la société a racheté un total de 1.097.000 actions à un prix moyen pondéré de NOK 67,91 par action, pour une valeur de transaction totale de NOK 74.258.718.
Avant ce programme, Norsk Hydro détenait 14.082.505 actions propres. Suite à ces transactions, la société possède désormais 17.920.461 actions, représentant 0,89% de son capital social. Le nombre total d'actions rachetées dans le cadre du programme à ce jour est de 3.837.956 à un prix moyen de NOK 64,01, soit un total de NOK 245.658.243.
Norsk Hydro ASA hat ein Update zu seinem Aktienrückkaufprogramm bereitgestellt, das am 11. September 2024 angekündigt wurde und am 28. Februar 2025 enden soll. Vom 2. bis 8. Oktober 2024 hat das Unternehmen insgesamt 1.097.000 Aktien zu einem gewogenen Durchschnittspreis von NOK 67,91 pro Aktie zurückgekauft, mit einem Gesamttransaktionswert von NOK 74.258.718.
Vor diesem Programm hielt Norsk Hydro 14.082.505 eigene Aktien. Nach diesen Transaktionen besitzt das Unternehmen nun 17.920.461 Aktien, was 0,89% seines Aktienkapitals entspricht. Die insgesamt bisher im Rahmen des Programms zurückgekauften Aktien belaufen sich auf 3.837.956 zu einem Durchschnittspreis von NOK 64,01, insgesamt NOK 245.658.243.
- Norsk Hydro is executing a share buyback program, potentially increasing shareholder value
- The company has repurchased 3,837,956 shares to date, demonstrating commitment to the program
- Share buybacks can lead to increased earnings per share for remaining shareholders
- The share buyback program may reduce the company's cash reserves
- Funds used for buybacks could potentially be used for other growth opportunities or investments
Norsk Hydro: Status share buyback program
Please see below information about transactions made under the share buyback program for Norsk Hydro ASA.
Announcement date of the share buyback program: September 11, 2024
End date of the share buyback program: February 28, 2025
Overview of transactions:
| Date | Aggregated daily volume (number of Shares) | Weighted average share price per day (NOK) | Total daily transaction value (NOK) |
| 02/10/2024 | 172 000 | 68.81 | 11 834 598 |
| 03/10/2024 | 250 000 | 67.53 | 16 881 300 |
| 04/10/2024 | 225 000 | 68.26 | 15 357 375 |
| 07/10/2024 | 150 000 | 68.63 | 10 294 395 |
| 08/10/2024 | 300 000 | 66.30 | 19 891 050 |
| Previous Transactions | 2 740 956 | ||
| Accumulated to date | 3 837 956 | 64.01 | 245 658 243 |
Prior to the share buyback program Norsk Hydro ASA owned a total of 14 082 505 own shares. Following the above listed transactions, Norsk Hydro ASA owns a total of 17 920 461 shares, corresponding to
Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.
Investor contact:
Martine Rambøl Hagen
Head of Investor Relations
+47 91708918
Martine.Rambol.Hagen@hydro.com
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.
Attachment
FAQ
When does Norsk Hydro's (NHYDY) current share buyback program end?
How many shares has Norsk Hydro (NHYDY) repurchased under the current program?
What is the total value of shares repurchased by Norsk Hydro (NHYDY) in the current program?
What percentage of Norsk Hydro's (NHYDY) share capital does the company now own after recent buybacks?
