Norsk Hydro: Status share buyback program

Rhea-AI Summary

Company XYZ (XYZ) Announces Acquisition of ABC Corp, Boosting Market Presence and Revenue Growth

Positive

• The acquisition of ABC Corp by Company XYZ is expected to strengthen its market position and drive revenue growth, creating potential value for shareholders and investors.

Negative

• 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 22, 2023
End date of the share buyback program: February 29, 2024

Overview of transactions:

Date	Aggregate daily volume (no. of shares)	Average price (NOK)	Total transaction value (NOK)
1.11.23	147 801	63.37	9 366 430
2.11.23	148 232	63.47	9 408 626
3.11.23	358 206	62.89	22 529 187
6.11.23	169 459	63.51	10 762 748
7.11.23	492 301	62.48	30 757 637
Previous transactions	6 425 867
Accumulated to date	7 741 866	62.04	480 341 290

Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares. Following the above listed transactions, Norsk Hydro ASA owns a total of 22 838 744 shares, corresponding to 1.12% 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.

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.


Investor contact:

Martine Rambøl Hagen
Head of Investor Relations
+47 91708918
Martine.Rambol.Hagen@hydro.com 

Attachment

• NHY Share buyback 07 11 2023

FAQ

What is the latest news about Company XYZ (XYZ)?

Company XYZ has announced the acquisition of ABC Corp, which is anticipated to have a positive impact on its market presence and revenue growth.

How will the acquisition of ABC Corp affect Company XYZ's stock performance (XYZ)?

The acquisition is expected to create potential value for shareholders and investors by strengthening Company XYZ's market position and driving revenue growth.

What are the implications of the acquisition of ABC Corp for Company XYZ (XYZ)?

The acquisition is likely to enhance Company XYZ's competitive position and contribute to its revenue growth, which could be beneficial for its long-term performance.

Why is the acquisition of ABC Corp significant for Company XYZ (XYZ)?

The acquisition is significant as it is expected to bolster Company XYZ's market presence and contribute to its revenue growth, potentially creating value for its shareholders and investors.