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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 11-17, 2024, the company purchased 2,525,000 shares at prices ranging from NOK 63.92 to NOK 65.94 per share. The total transaction value for this period was approximately NOK 164.2 million.

Including previous transactions, the company has accumulated 15,204,235 shares under the program at a weighted average price of NOK 66.38, totaling NOK 1.009 billion. Combined with previously owned shares, Norsk Hydro now holds 29,286,740 shares, representing 1.46% of its share capital.

Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni, che si svolgerà dall'11 settembre 2024 al 28 febbraio 2025. Tra l'11 e il 17 dicembre 2024, l'azienda ha acquistato 2.525.000 azioni a prezzi compresi tra NOK 63,92 e NOK 65,94 per azione. Il valore totale della transazione per questo periodo è stato di circa NOK 164,2 milioni.

Includendo le transazioni precedenti, l'azienda ha accumulato 15.204.235 azioni nell'ambito del programma a un prezzo medio ponderato di NOK 66,38, per un totale di NOK 1,009 miliardi. Combinato con le azioni già possedute, Norsk Hydro adesso detiene 29.286.740 azioni, pari all'1,46% del suo capitale sociale.

Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, que se llevará a cabo del 11 de septiembre de 2024 al 28 de febrero de 2025. Entre el 11 y el 17 de diciembre de 2024, la compañía adquirió 2.525.000 acciones a precios que oscilan entre NOK 63,92 y NOK 65,94 por acción. El valor total de la transacción para este período fue de aproximadamente NOK 164,2 millones.

Incluyendo transacciones previas, la empresa ha acumulado 15.204.235 acciones bajo el programa a un precio promedio ponderado de NOK 66,38, totalizando NOK 1.009 millones. Combinado con las acciones ya poseídas, Norsk Hydro ahora tiene 29.286.740 acciones, lo que representa el 1,46% de su capital social.

노르스크 하이드로 ASA는 2024년 9월 11일부터 2025년 2월 28일까지 진행되는 자사주 매입 프로그램에 대한 업데이트를 제공했습니다. 2024년 12월 11일부터 17일 사이에 회사는 주당 NOK 63.92에서 NOK 65.94 사이의 가격으로 2,525,000주를 매입했습니다. 이 기간 동안의 총 거래 가치는 약 NOK 164.2 백만이었습니다.

이전 거래를 포함하여 회사는 프로그램에 따라 NOK 66.38의 가중 평균 가격으로 15,204,235주를 누적했고, 총액은 NOK 1.009 억입니다. 이전에 보유했던 주식을 합치면 노르스크 하이드로는 현재 29,286,740주를 보유하고 있으며, 이는 자본금의 1.46%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. Entre le 11 et le 17 décembre 2024, la société a acheté 2.525.000 actions à des prix allant de 63,92 NOK à 65,94 NOK par action. La valeur totale de la transaction pour cette période était d'environ 164,2 millions NOK.

En incluant les transactions précédentes, l'entreprise a accumulé 15.204.235 actions dans le cadre du programme à un prix moyen pondéré de 66,38 NOK, totalisant 1,009 milliard NOK. Combiné avec les actions déjà détenues, Norsk Hydro détient maintenant 29.286.740 actions, représentant 1,46% 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 11. und 17. Dezember 2024 hat das Unternehmen 2.525.000 Aktien zu Preisen zwischen NOK 63,92 und NOK 65,94 pro Aktie gekauft. Der Gesamthandelswert für diesen Zeitraum betrug etwa NOK 164,2 Millionen.

Inklusive vorheriger Transaktionen hat das Unternehmen im Rahmen des Programms 15.204.235 Aktien zu einem gewichteten Durchschnittspreis von NOK 66,38 angesammelt, was insgesamt NOK 1,009 Milliarden entspricht. Zusammen mit bereits im Besitz befindlichen Aktien hält Norsk Hydro nun 29.286.740 Aktien, was 1,46% seines Grundkapitals entspricht.

Positive
  • Strong commitment to shareholder returns through significant share buyback program
  • Accumulated NOK 1.009 billion worth of shares under the current program
  • Increased ownership position to 1.46% of company's share capital
Negative
  • Declining share purchase prices from NOK 65.94 to NOK 63.92 over the reported period

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:

DateAggregated daily volume (number of Shares)Weighted average share price per day (NOK)Total daily transaction value (NOK)
11/12/2024 475 00065.94 31 321 975
12/12/2024 450 00065.59 29 516 895
13/12/2024 500 00065.44 32 720 100
16/12/2024 520 00064.60 33 592 468
17/12/2024 580 00063.92 37 072 672
Previous Transactions12 679 235  
Accumulated to date15 204 23566.381 009 308 744

 

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 29 286 740 shares, corresponding to 1.46% 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 NHYDY purchased under its current buyback program?

Norsk Hydro has purchased 15,204,235 shares under the current buyback program as of December 17, 2024.

What is the total value of NHYDY's share buyback transactions to date?

The total value of share buyback transactions amounts to NOK 1.009 billion, with a weighted average price of NOK 66.38 per share.

What percentage of Norsk Hydro's share capital does the company now own?

Following the recent transactions, Norsk Hydro owns 29,286,740 shares, corresponding to 1.46% of its share capital.

What was the price range for NHYDY's share purchases between December 11-17, 2024?

The share purchase prices ranged from NOK 63.92 to NOK 65.94 during the period of December 11-17, 2024.

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