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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 runs from September 11, 2024, to February 28, 2025. Between December 4-10, 2024, the company purchased a total of 1,334,921 shares at prices ranging from NOK 66.96 to NOK 69.12. The accumulated volume under the program to date is 12,679,235 shares at an average price of NOK 66.65, totaling NOK 845,084,634. Following these transactions, Norsk Hydro owns 26,761,740 shares, representing 1.33% of its share capital.

Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni, che si svolgerà dal 11 settembre 2024 al 28 febbraio 2025. Tra il 4 e il 10 dicembre 2024, l'azienda ha acquistato un totale di 1.334.921 azioni a prezzi compresi tra NOK 66,96 e NOK 69,12. Il volume accumulato nel programma fino ad oggi è di 12.679.235 azioni a un prezzo medio di NOK 66,65, per un totale di NOK 845.084.634. A seguito di queste transazioni, Norsk Hydro detiene 26.761.740 azioni, che rappresentano l'1,33% del suo capitale sociale.

Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, que se lleva a cabo desde el 11 de septiembre de 2024 hasta el 28 de febrero de 2025. Entre el 4 y el 10 de diciembre de 2024, la compañía compró un total de 1.334.921 acciones a precios que oscilan entre NOK 66,96 y NOK 69,12. El volumen acumulado bajo el programa hasta la fecha es de 12.679.235 acciones a un precio promedio de NOK 66,65, totalizando NOK 845.084.634. Tras estas transacciones, Norsk Hydro posee 26.761.740 acciones, que representan el 1,33% de su capital social.

Norsk Hydro ASA는 2024년 9월 11일부터 2025년 2월 28일까지 진행되는 자사주 매입 프로그램에 대한 업데이트를 제공했습니다. 2024년 12월 4일부터 10일 사이에 회사는 NOK 66.96에서 NOK 69.12 사이의 가격으로 총 1,334,921주를 매입했습니다. 현재까지 프로그램에 따라 누적된 거래량은 평균 가격 NOK 66.65로 12,679,235주에 이르며, 총액은 NOK 845,084,634입니다. 이러한 거래 이후, Norsk Hydro는 26,761,740주를 보유하고 있으며, 이는 자본금의 1.33%를 차지합니다.

Norsk Hydro ASA a fourni une mise à jour sur son programme de rachat d'actions, qui se déroule du 11 septembre 2024 au 28 février 2025. Entre le 4 et le 10 décembre 2024, la société a acheté un total de 1.334.921 actions à des prix variant de NOK 66,96 à NOK 69,12. Le volume cumulé dans le cadre du programme à ce jour s'élève à 12.679.235 actions à un prix moyen de NOK 66,65, totalisant NOK 845.084.634. À la suite de ces transactions, Norsk Hydro possède 26.761.740 actions, représentant 1,33 % de son capital social.

Norsk Hydro ASA hat ein Update zu seinem Aktienrückkaufprogramm gegeben, das vom 11. September 2024 bis zum 28. Februar 2025 läuft. Zwischen dem 4. und 10. Dezember 2024 kaufte das Unternehmen insgesamt 1.334.921 Aktien zu Preisen zwischen NOK 66,96 und NOK 69,12. Das bis heute unter dem Programm kumulierte Volumen beträgt 12.679.235 Aktien zu einem Durchschnittspreis von NOK 66,65, was insgesamt NOK 845.084.634 ergibt. Nach diesen Transaktionen besitzt Norsk Hydro 26.761.740 Aktien, die 1,33 % des Grundkapitals entsprechen.

Positive
  • Significant share buyback program demonstrates confidence in company value
  • Accumulated buyback of 12.68M shares worth NOK 845.08M shows strong execution
  • Company has increased ownership to 1.33% of share capital
Negative
  • Average share price shows slight declining trend during reported period (NOK 69.12 to NOK 66.96)

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)
04/12/2024 34 921 69.12 2 413 813
05/12/2024 -   -   -  
06/12/2024 600 000 67.77 40 661 880
09/12/2024 200 000 67.85 13 570 700
10/12/2024 500 000 66.96 33 477 650
Previous Transactions 11 344 314  
Accumulated to date12 679 235 66.65845 084 634


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 26 761 740 shares, corresponding to 1.33% 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 will Norsk Hydro's (NHYDY) current share buyback program end?

Norsk Hydro's current share buyback program is scheduled to end on February 28, 2025.

How many shares has Norsk Hydro (NHYDY) bought back under the current program?

As of the latest update, Norsk Hydro has bought back 12,679,235 shares under the current program.

What is the total value of Norsk Hydro's (NHYDY) share buyback program to date?

The total value of shares bought back under the program to date is NOK 845,084,634.

What percentage of Norsk Hydro (NHYDY) shares does the company now own?

Following the latest transactions, Norsk Hydro owns 26,761,740 shares, corresponding to 1.33% of its share capital.

What was the price range for Norsk Hydro's (NHYDY) share buybacks in December 2024?

In December 2024, Norsk Hydro purchased shares at prices ranging from NOK 66.96 to NOK 69.12 per share.

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