Norsk Hydro: Status share buyback program
Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. From November 6-12, 2024, the company purchased 1,457,211 shares at prices ranging from NOK 65.85 to NOK 69.86. The total accumulated shares bought under the program to date are 8,889,906 at an average price of NOK 66.28, with a total transaction value of NOK 589,255,450. Following these transactions, Norsk Hydro now owns 22,972,411 shares, representing 1.14% of its share capital.
Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto azioni, che si svolge dal 11 settembre 2024 al 28 febbraio 2025. Dal 6 al 12 novembre 2024, l'azienda ha acquistato 1.457.211 azioni a prezzi compresi tra NOK 65,85 e NOK 69,86. Il numero totale di azioni accumulate acquistate finora nel programma è di 8.889.906 a un prezzo medio di NOK 66,28, con un valore totale delle transazioni di NOK 589.255.450. A seguito di queste transazioni, Norsk Hydro possiede ora 22.972.411 azioni, pari all'1,14% del suo capitale sociale.
Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, que se desarrolla del 11 de septiembre de 2024 al 28 de febrero de 2025. Del 6 al 12 de noviembre de 2024, la empresa compró 1.457.211 acciones a precios que oscilaron entre NOK 65,85 y NOK 69,86. El total acumulado de acciones adquiridas bajo el programa hasta la fecha es de 8.889.906 a un precio promedio de NOK 66,28, con un valor total de transacción de NOK 589.255.450. Tras estas transacciones, Norsk Hydro ahora posee 22.972.411 acciones, que representan el 1,14% de su capital social.
Norsk Hydro ASA는 2024년 9월 11일부터 2025년 2월 28일까지 진행되는 자사주 매입 프로그램에 대한 업데이트를 제공했습니다. 2024년 11월 6일부터 12일까지 회사는 NOK 65.85에서 NOK 69.86까지의 가격으로 1,457,211 주를 매입했습니다. 현재까지 프로그램에 따라 누적 매입된 총 주식 수는 8,889,906주이며, 평균 가격은 NOK 66.28로 총 거래 가치는 NOK 589,255,450입니다. 이러한 거래 이후, Norsk Hydro는 현재 22,972,411주의 주식을 보유하고 있으며, 이는 자본금의 1.14%에 해당합니다.
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. Du 6 au 12 novembre 2024, l'entreprise a acheté 1.457.211 actions à des prix variant de NOK 65,85 à NOK 69,86. Le total des actions accumulées acquises dans le cadre du programme jusqu'à présent s'élève à 8.889.906 à un prix moyen de NOK 66,28, avec une valeur totale des transactions de NOK 589.255.450. À la suite de ces transactions, Norsk Hydro détient désormais 22.972.411 actions, représentant 1,14 % de son capital social.
Norsk Hydro ASA hat ein Update zu seinem Aktienrückkaufprogramm bereitgestellt, das vom 11. September 2024 bis zum 28. Februar 2025 läuft. Vom 6. bis 12. November 2024 hat das Unternehmen 1.457.211 Aktien zu Preisen zwischen NOK 65,85 und NOK 69,86 gekauft. Die insgesamt bisher im Rahmen des Programms erworbenen Aktien belaufen sich auf 8.889.906 zu einem Durchschnittspreis von NOK 66,28, mit einem Gesamttransaktionswert von NOK 589.255.450. Nach diesen Transaktionen hält Norsk Hydro jetzt 22.972.411 Aktien, was 1,14 % des Eigenkapitals entspricht.
- Significant share buyback program demonstrates confidence in company value
- Company has accumulated 8.89M shares, showing strong execution of buyback program
- Total investment of NOK 589.26M in share repurchases benefits remaining shareholders
- Share buyback reduces company's cash reserves by NOK 589.26M
- Declining share price trend observed during reporting period (NOK 69.86 to NOK 65.85)
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) |
| 06/11/2024 | 200 000 | 69.32 | 13 864 720 |
| 07/11/2024 | 7 211 | 69.86 | 503 744 |
| 08/11/2024 | 250 000 | 69.62 | 17 406 075 |
| 11/11/2024 | 350 000 | 68.26 | 23 890 125 |
| 12/11/2024 | 650 000 | 65.85 | 42 805 035 |
| Previous Transactions | 7 432 695 | ||
| Accumulated to date | 8 889 906 | 66.28 | 589 255 450 |
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 22 972 411 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 will Norsk Hydro's (NHYDY) current share buyback program end?
How many shares has Norsk Hydro (NHYDY) purchased in total under the current buyback program?
What percentage of Norsk Hydro's (NHYDY) share capital does the company own after recent buybacks?
What was the average price paid per share in Norsk Hydro's (NHYDY) buyback program?
