Norsk Hydro: Status share buyback program
Norsk Hydro ASA has provided an update on its share buyback program announced on September 11, 2024, which will run until February 28, 2025. From October 16-22, 2024, the company purchased a total of 871,780 shares at prices ranging from NOK 68.47 to 69.69 per share. The accumulated total under the program to date is 5,534,550 shares at an average price of NOK 65.28, with a total transaction value of NOK 361,285,470. Following these transactions, Norsk Hydro now owns 19,617,055 shares, representing 0.98% of its share capital.
Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni annunciato l'11 settembre 2024, che durerà fino al 28 febbraio 2025. Dal 16 al 22 ottobre 2024, l'azienda ha acquistato un totale di 871.780 azioni a prezzi compresi tra NOK 68,47 e 69,69 per azione. Il totale accumulato fino ad oggi nel programma è di 5.534.550 azioni a un prezzo medio di NOK 65,28, con un valore totale delle transazioni di NOK 361.285.470. A seguito di queste transazioni, Norsk Hydro possiede ora 19.617.055 azioni, che rappresentano lo 0,98% del suo capitale sociale.
Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones anunciado el 11 de septiembre de 2024, que se extenderá hasta el 28 de febrero de 2025. Del 16 al 22 de octubre de 2024, la empresa compró un total de 871,780 acciones a precios que oscilan entre NOK 68.47 y 69.69 por acción. El total acumulado bajo el programa hasta la fecha es de 5,534,550 acciones a un precio promedio de NOK 65.28, con un valor total de transacciones de NOK 361,285,470. Tras estas transacciones, Norsk Hydro ahora posee 19,617,055 acciones, que representan el 0.98% de su capital social.
Norsk Hydro ASA는 2024년 9월 11일에 발표한 자사주 매입 프로그램에 대한 업데이트를 제공했습니다. 이 프로그램은 2025년 2월 28일까지 진행될 예정입니다. 2024년 10월 16일부터 22일 사이에 회사는 주당 NOK 68.47에서 69.69까지 다양한 가격으로 총 871,780주를 매입했습니다. 현재까지 이 프로그램에 따라 누적된 총액은 5,534,550주이며, 평균 가격은 NOK 65.28, 총 거래 가치는 NOK 361,285,470입니다. 이러한 거래 후, Norsk Hydro는 현재 19,617,055주를 보유하고 있으며, 이는 자본금의 0.98%에 해당합니다.
Norsk Hydro ASA a fourni une mise à jour sur son programme de rachat d'actions annoncé le 11 septembre 2024, qui se poursuivra jusqu'au 28 février 2025. Du 16 au 22 octobre 2024, la société a acheté un total de 871 780 actions à des prix variant entre NOK 68,47 et 69,69 par action. Le total accumulé dans le cadre du programme à ce jour est de 5 534 550 actions à un prix moyen de NOK 65,28, pour une valeur totale des transactions de NOK 361 285 470. À la suite de ces transactions, Norsk Hydro possède désormais 19 617 055 actions, ce qui représente 0,98 % de son capital social.
Norsk Hydro ASA hat ein Update zu seinem am 11. September 2024 angekündigten Aktienrückkaufsprogramm gegeben, das bis zum 28. Februar 2025 läuft. Vom 16. bis 22. Oktober 2024 hat das Unternehmen insgesamt 871.780 Aktien zu Preisen zwischen NOK 68,47 und 69,69 pro Aktie gekauft. Die bislang unter dem Programm angesammelte Gesamtzahl beträgt 5.534.550 Aktien zu einem durchschnittlichen Preis von NOK 65,28, mit einem Gesamttransaktionswert von NOK 361.285.470. Nach diesen Transaktionen hält Norsk Hydro nun 19.617.055 Aktien, was 0,98% seines Grundkapitals entspricht.
- Significant share buyback program demonstrates confidence in company value
- Company has accumulated 5.53 million shares, showing strong execution of buyback program
- Total investment of NOK 361.28 million in share repurchases
- None.
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) |
| 16/10/2024 | 219 200 | 68.76 | 15 072 345 |
| 17/10/2024 | 164 000 | 68.67 | 11 262 077 |
| 18/10/2024 | 54 580 | 69.69 | 3 803 899 |
| 21/10/2024 | 164 000 | 69.21 | 11 351 129 |
| 22/10/2024 | 270 000 | 68.47 | 18 486 279 |
| Previous Transactions | 4 662 770 | ||
| Accumulated to date | 5 534 550 | 65.28 | 361 285 470 |
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 19 617 055 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) bought back as of October 22, 2024?
What percentage of Norsk Hydro (NHYDY) shares does the company own after recent buybacks?
What is the total value of Norsk Hydro's (NHYDY) share buybacks to date?
