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Norsk Hydro: Status share buyback program

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Norsk Hydro ASA has provided an update on its share buyback program, which was announced on September 11, 2024, and is set to conclude on February 28, 2025. The company has reported transactions from September 18 to September 24, 2024, detailing the daily volume of shares purchased and their weighted average prices. The total accumulated shares bought to date under this program amount to 1,902,089, with a total transaction value of NOK 114,919,859.

Prior to the buyback program, Norsk Hydro ASA owned 14,082,505 of its own shares. Following the recent transactions, the company now owns a total of 15,984,594 shares, which corresponds to 0.80% of its share capital. This information is being disclosed in compliance with EU Market Abuse Regulation and Norwegian Securities Trading Act requirements.

Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni, annunciato l'11 settembre 2024 e previsto per concludersi il 28 febbraio 2025. L'azienda ha riportato le transazioni dal 18 al 24 settembre 2024, dettagliando il volume giornaliero delle azioni acquistate e i loro prezzi medi ponderati. Le azioni totali accumulate acquistate fino ad oggi nell'ambito di questo programma ammontano a 1.902.089, con un valore totale delle transazioni di NOK 114.919.859.

Prima del programma di riacquisto, Norsk Hydro ASA possedeva 14.082.505 delle proprie azioni. A seguito delle recenti transazioni, l'azienda possiede ora un totale di 15.984.594 azioni, che corrispondono allo 0,80% del suo capitale sociale. Queste informazioni vengono divulgate in conformità con il Regolamento dell'UE sulla Market Abuse e i requisiti della Legge norvegese sulla negoziazione di titoli.

Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, anunciado el 11 de septiembre de 2024 y programado para finalizar el 28 de febrero de 2025. La empresa ha reportado transacciones del 18 al 24 de septiembre de 2024, detallando el volumen diario de acciones compradas y sus precios promedio ponderados. El total acumulado de acciones compradas hasta la fecha dentro de este programa asciende a 1.902.089, con un valor total de transacción de NOK 114.919.859.

Antes del programa de recompra, Norsk Hydro ASA poseía 14.082.505 de sus propias acciones. Tras las transacciones recientes, la empresa ahora posee un total de 15.984.594 acciones, que corresponden al 0,80% de su capital social. Esta información se divulga en cumplimiento del Reglamento de Abuso de Mercado de la UE y los requisitos de la Ley de Comercio de Valores de Noruega.

노르스크 하이드로 ASA는 2024년 9월 11일에 발표된 자사주 매입 프로그램에 대한 업데이트를 제공했으며, 이 프로그램은 2025년 2월 28일에 종료될 예정입니다. 회사는 2024년 9월 18일부터 9월 24일까지의 거래 내역을 보고하며, 구매한 주식의 일일 거래량과 가중 평균 가격을 상세히 설명했습니다. 현재까지 이 프로그램에 따라 매입된 주식 총량은 1,902,089주에 달하며, 총 거래 가치는 NOK 114,919,859입니다.

매입 프로그램 이전에 노르스크 하이드로 ASA는 14,082,505주의 자사주를 보유하고 있었습니다. 최근 거래 후, 회사는 총 15,984,594주를 보유하고 있으며, 이는 자본금의 0.80%에 해당합니다. 이 정보는 EU 시장 남용 규정 및 노르웨이 증권 거래법의 요구사항을 준수하여 공개됩니다.

Norsk Hydro ASA a fourni une mise à jour sur son programme de rachat d'actions, annoncé le 11 septembre 2024, qui devrait se terminer le 28 février 2025. L'entreprise a rapporté des transactions allant du 18 au 24 septembre 2024, détaillant le volume quotidien des actions achetées et leurs prix moyens pondérés. Le total des actions accumulées à ce jour dans le cadre de ce programme s'élève à 1.902.089, avec une valeur totale des transactions de NOK 114.919.859.

Avant le programme de rachat, Norsk Hydro ASA possédait 14.082.505 de ses propres actions. Suite aux transactions récentes, l'entreprise possède désormais un total de 15.984.594 actions, ce qui correspond à 0,80% de son capital social. Ces informations sont divulguées conformément au Règlement de l'UE sur l'abus de marché et aux exigences de la Loi norvégienne sur les valeurs mobilières.

Norsk Hydro ASA hat ein Update zu seinem Aktienrückkaufprogramm bereitgestellt, das am 11. September 2024 angekündigt wurde und am 28. Februar 2025 enden soll. Das Unternehmen hat die Transaktionen vom 18. bis 24. September 2024 veröffentlicht und dabei das tägliche Volumen der gekauften Aktien sowie deren gewichtete Durchschnittspreise detailliert aufgeführt. Die insgesamt bisher im Rahmen dieses Programms erworbenen Aktien belaufen sich auf 1.902.089, mit einem Gesamttransaktionswert von NOK 114.919.859.

Vor dem Rückkaufprogramm besaß Norsk Hydro ASA 14.082.505 eigene Aktien. Nach den jüngsten Transaktionen besitzt das Unternehmen nun insgesamt 15.984.594 Aktien, was 0,80% seines Stammkapitals entspricht. Diese Informationen werden in Übereinstimmung mit der EU-Marktmissbrauchsverordnung und den Anforderungen des norwegischen Wertpapiergesetzes offengelegt.

Positive
  • Execution of share buyback program demonstrates confidence in company's value
  • Increase in treasury shares from 14,082,505 to 15,984,594
  • Company now owns 0.80% of its own share capital, potentially increasing shareholder value
Negative
  • Significant cash outlay of NOK 114,919,859 for share repurchases

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)
18/09/2024 208 700 60.54 12 635 470
19/09/2024 119 300 63.09 7 527 031
20/09/2024 240 500 62.15 14 947 700
23/09/2024 240 000 61.81 14 835 072
24/09/2024 55 000 65.47 3 600 977
Previous Transactions  1 038 589    
Accumulated to date1 902 08960.42114 919 859


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 15 984 594 shares, corresponding to 0.80% of Norsk Hydro ASA's share capital.

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?

Norsk Hydro ASA announced its current share buyback program on September 11, 2024.

What is the end date of Norsk Hydro's (NHYDY) current share buyback program?

The current share buyback program for Norsk Hydro ASA is set to end on February 28, 2025.

How many shares has Norsk Hydro (NHYDY) repurchased under the current program as of September 24, 2024?

As of September 24, 2024, Norsk Hydro ASA has repurchased a total of 1,902,089 shares under the current buyback program.

What percentage of its own shares does Norsk Hydro (NHYDY) now own after the recent buybacks?

After the recent buybacks, Norsk Hydro ASA owns a total of 15,984,594 shares, corresponding to 0.80% of its share capital.

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