Norsk Hydro: Status share buyback program
- Company XYZ achieved a 25% increase in revenue for the quarter.
- Net income rose by 40% compared to the previous quarter.
- Strong sales growth and cost-saving initiatives contributed to the company's success.
- XYZ plans to expand into new markets and invest in research and development.
- 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) |
| 25.10.23 | 449 929 | 60.41 | 27 181 111 |
| 26.10.23 | 200 000 | 61.33 | 12 266 580 |
| 27.10.23 | 260 000 | 60.40 | 15 702 830 |
| 30.10.23 | 260 000 | 61.94 | 16 104 634 |
| 31.10.23 | 211 363 | 63.57 | 13 435 987 |
| Previous transactions | 5 044 575 | ||
| Accumulated to date | 6 425 867 | 61.86 | 397 516 662 |
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 21 522 745 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.
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
FAQ
What company announced record-breaking quarterly earnings?
What was the percentage increase in revenue for Company XYZ?
How much did net income rise by compared to the previous quarter?
What contributed to Company XYZ's success?
What are Company XYZ's future plans?
