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. The company has reported transactions from October 9 to October 15, 2024, with a total of 824,814 shares purchased at an average price of 67.71 NOK per share, amounting to a total transaction value of 55,651,500 NOK.
Including previous transactions, Norsk Hydro has accumulated 4,662,770 shares under this program, with a total value of 301,309,742 NOK at an average price of 64.62 NOK per share. Prior to the buyback, the company owned 14,082,505 own shares. Following these transactions, Norsk Hydro now owns a total of 18,745,275 shares, representing 0.93% of its share capital.
Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni, annunciato l'11 settembre 2024, che terminerà il 28 febbraio 2025. L'azienda ha riportato transazioni dal 9 ottobre al 15 ottobre 2024, con un totale di 824.814 azioni acquistate a un prezzo medio di 67,71 NOK per azione, per un valore di transazione complessivo di 55.651.500 NOK.
Inclusi i precedenti acquisti, Norsk Hydro ha accumulato 4.662.770 azioni nell'ambito di questo programma, con un valore totale di 301.309.742 NOK a un prezzo medio di 64,62 NOK per azione. Prima del riacquisto, l'azienda possedeva 14.082.505 azioni proprie. A seguito di queste transazioni, Norsk Hydro possiede ora un totale di 18.745.275 azioni, che rappresentano 0,93% del proprio capitale azionario.
Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, que fue anunciado el 11 de septiembre de 2024 y está previsto que termine el 28 de febrero de 2025. La compañía ha reportado transacciones del 9 al 15 de octubre de 2024, con un total de 824,814 acciones adquiridas a un precio promedio de 67.71 NOK por acción, lo que equivale a un valor total de transacción de 55,651,500 NOK.
Incluyendo transacciones anteriores, Norsk Hydro ha acumulado 4,662,770 acciones bajo este programa, con un valor total de 301,309,742 NOK a un precio promedio de 64.62 NOK por acción. Antes de la recompra, la compañía poseía 14,082,505 acciones propias. Tras estas transacciones, Norsk Hydro ahora posee un total de 18,745,275 acciones, lo que representa el 0.93% de su capital social.
Norsk Hydro ASA는 2024년 9월 11일에 발표된 자사주 매입 프로그램에 대한 업데이트를 제공하였으며, 이 프로그램은 2025년 2월 28일에 종료될 예정입니다. 회사는 2024년 10월 9일부터 10월 15일까지의 거래를 보고했으며, 총 824,814 주식을 평균 67.71 NOK의 가격으로 매입하여 총 거래 가치는 55,651,500 NOK에 이릅니다.
이전 거래를 포함하면, Norsk Hydro는 이 프로그램을 통해 총 4,662,770 주식을 누적하였으며, 총 가치는 301,309,742 NOK로 평균 64.62 NOK의 가격으로 계산되었습니다. 매입 이전에 회사는 14,082,505 주식 소유하였습니다. 이러한 거래 후, Norsk Hydro는 이제 총 18,745,275 주식을 보유하고 있으며, 이는 자신의 자본금의 0.93%에 해당합니다.
Norsk Hydro ASA a fourni une mise à jour sur son programme de rachat d'actions, annoncé le 11 septembre 2024, et qui doit se terminer le 28 février 2025. L'entreprise a rapporté des transactions du 9 au 15 octobre 2024, avec un total de 824 814 actions achetées à un prix moyen de 67,71 NOK par action, ce qui représente une valeur totale de transaction de 55 651 500 NOK.
En incluant les transactions précédentes, Norsk Hydro a accumulé 4 662 770 actions dans le cadre de ce programme, avec une valeur totale de 301 309 742 NOK à un prix moyen de 64,62 NOK par action. Avant le rachat, l'entreprise possédait 14 082 505 actions propres. Suite à ces transactions, Norsk Hydro possède désormais un total de 18 745 275 actions, représentant 0,93% de son capital social.
Norsk Hydro ASA hat ein Update zu seinem Aktienrückkaufprogramm gegeben, das am 11. September 2024 angekündigt wurde und bis zum 28. Februar 2025 laufen soll. Das Unternehmen hat Transaktionen vom 9. bis 15. Oktober 2024 gemeldet, bei denen insgesamt 824.814 Aktien zu einem Durchschnittspreis von 67,71 NOK pro Aktie gekauft wurden, was einem Gesamttransaktionswert von 55.651.500 NOK entspricht.
Inklusive vorheriger Transaktionen hat Norsk Hydro im Rahmen dieses Programms 4.662.770 Aktien angesammelt, mit einem Gesamtwert von 301.309.742 NOK zu einem Durchschnittspreis von 64,62 NOK pro Aktie. Vor dem Rückkauf besaß das Unternehmen 14.082.505 eigene Aktien. Nach diesen Transaktionen besitzt Norsk Hydro nun insgesamt 18.745.275 Aktien, was 0,93% des eigenen Aktienkapitals entspricht.
- Norsk Hydro is actively repurchasing shares, potentially increasing shareholder value
- The company has bought back 4,662,770 shares, demonstrating confidence in its stock
- The average share price of 64.62 NOK for the buyback program suggests potential value for shareholders
- The share buyback program may reduce cash reserves available for other investments or operations
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) |
| 09/10/2024 | 230 000 | 66.54 | 15 303 740 |
| 10/10/2024 | 218 521 | 66.99 | 14 637 695 |
| 11/10/2024 | 8 293 | 68.37 | 566 967 |
| 14/10/2024 | 113 000 | 69.38 | 7 840 302 |
| 15/10/2024 | 255 000 | 67.85 | 17 302 796 |
| Previous Transactions | 3 837 956 | ||
| Accumulated to date | 4 662 770 | 64.62 | 301 309 742 |
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 18 745 275 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 did Norsk Hydro ASA (NHYDY) announce its current share buyback program?
What is the end date of Norsk Hydro's (NHYDY) current share buyback program?
How many shares has Norsk Hydro (NHYDY) repurchased under the current program as of October 15, 2024?
What percentage of Norsk Hydro's (NHYDY) share capital does the company own after recent buybacks?
