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Norsk Hydro: Status share buyback program

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Norsk Hydro ASA provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Between November 20-26, 2024, the company purchased a total of 164,730 shares at prices ranging from NOK 71.38 to 72.13. The accumulated volume to date is 9,898,414 shares at an average price of NOK 66.26, totaling NOK 655,855,748. Following these transactions, Norsk Hydro now owns 23,980,919 shares, representing 1.19% of its share capital.

Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni, che si svolge dal 11 settembre 2024 al 28 febbraio 2025. Tra il 20 e il 26 novembre 2024, l'azienda ha acquistato un totale di 164.730 azioni a prezzi compresi tra NOK 71,38 e 72,13. Il volume accumulato fino ad oggi è di 9.898.414 azioni a un prezzo medio di NOK 66,26, per un totale di NOK 655.855.748. A seguito di queste transazioni, Norsk Hydro possiede ora 23.980.919 azioni, che rappresentano il 1,19% del suo capitale sociale.

Norsk Hydro ASA proporcionó una actualización sobre su programa de recompra de acciones, que se lleva a cabo del 11 de septiembre de 2024 al 28 de febrero de 2025. Entre el 20 y el 26 de noviembre de 2024, la empresa compró un total de 164,730 acciones a precios que oscilaron entre NOK 71.38 y 72.13. El volumen acumulado hasta la fecha es de 9,898,414 acciones a un precio promedio de NOK 66.26, totalizando NOK 655,855,748. Tras estas transacciones, Norsk Hydro ahora posee 23,980,919 acciones, lo que representa el 1.19% de su capital social.

노르스크 하이드로 ASA는 2024년 9월 11일부터 2025년 2월 28일까지 진행되는 자사주 매입 프로그램에 대한 업데이트를 제공했습니다. 2024년 11월 20일부터 26일 사이에 회사는 NOK 71.38에서 72.13 사이의 가격으로 총 164,730주의 주식을 매입했습니다. 현재까지 누적된 볼륨은 평균 가격 NOK 66.26으로 총 9,898,414 주이며, 총액은 NOK 655,855,748입니다. 이러한 거래 후 노르스크 하이드로는 현재 23,980,919주를 보유하고 있으며, 이는 자본금의 1.19%를 차지합니다.

Norsk Hydro ASA a fourni une mise à jour sur son programme de rachat d'actions, qui s'étend du 11 septembre 2024 au 28 février 2025. Entre le 20 et le 26 novembre 2024, la société a acheté un total de 164 730 actions à des prix allant de 71,38 NOK à 72,13 NOK. Le volume accumulé à ce jour est de 9 898 414 actions à un prix moyen de 66,26 NOK, totalisant 655 855 748 NOK. Suite à ces transactions, Norsk Hydro possède désormais 23 980 919 actions, représentant 1,19% 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. Zwischen dem 20. und 26. November 2024 hat das Unternehmen insgesamt 164.730 Aktien zu Preisen zwischen NOK 71,38 und 72,13 gekauft. Das bisher akkumulierte Volumen beträgt 9.898.414 Aktien zu einem Durchschnittspreis von NOK 66,26, insgesamt NOK 655.855.748. Nach diesen Transaktionen besitzt Norsk Hydro nun 23.980.919 Aktien, was 1,19% seines Grundkapitals entspricht.

Positive
  • Continued execution of share buyback program demonstrates financial strength
  • Company maintains strong cash position to support buyback program
  • Increasing ownership percentage shows commitment to shareholder value
Negative
  • Share buyback reduces cash available for operations and investments

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)
20/11/2024 50 000  72.13  3 606 565
21/11/2024 50 000  71.38  3 569 195
22/11/2024 30 000  71.40  2 142 039
25/11/2024 -    -    -  
26/11/2024 34 730  71.98  2 500 022
Previous Transactions 9 733 684   
Accumulated to date9 898 414 66.26 655 855 748


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 23 980 919 shares, corresponding to 1.19% 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

What is the total value of Norsk Hydro's (NHYDY) share buyback program as of November 26, 2024?

As of November 26, 2024, Norsk Hydro has spent NOK 655,855,748 on its share buyback program, purchasing 9,898,414 shares at an average price of NOK 66.26.

When does 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 does Norsk Hydro (NHYDY) own after the latest buyback transactions?

After the latest transactions, Norsk Hydro owns 23,980,919 shares, representing 1.19% of its total share capital.

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