Norsk Hydro: Status share buyback program
Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Between November 27 and December 3, 2024, the company purchased a total of 1,445,900 shares at prices ranging from NOK 68.03 to NOK 69.55 per share. The accumulated total under the program to date is 11,344,314 shares at an average price of NOK 66.55, representing a total investment of NOK 754,960,592. Following these transactions, Norsk Hydro now owns 25,426,819 shares, equivalent to 1.27% of its share capital.
Norsk Hydro ASA ha fornito un aggiornamento sul suo programma di riacquisto di azioni, che si svolge dall'11 settembre 2024 al 28 febbraio 2025. Tra il 27 novembre e il 3 dicembre 2024, l'azienda ha acquistato un totale di 1.445.900 azioni a prezzi compresi tra NOK 68,03 e NOK 69,55 per azione. Il totale accumulato fino ad oggi nel programma è di 11.344.314 azioni a un prezzo medio di NOK 66,55, rappresentando un investimento totale di NOK 754.960.592. Dopo queste operazioni, Norsk Hydro possiede ora 25.426.819 azioni, pari all'1,27% del proprio capitale sociale.
Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, que se llevará a cabo desde el 11 de septiembre de 2024 hasta el 28 de febrero de 2025. Entre el 27 de noviembre y el 3 de diciembre de 2024, la empresa adquirió un total de 1.445.900 acciones a precios que oscilaban entre NOK 68,03 y NOK 69,55 por acción. El total acumulado hasta la fecha en el programa es de 11.344.314 acciones a un precio promedio de NOK 66,55, lo que representa una inversión total de NOK 754.960.592. Tras estas transacciones, Norsk Hydro ahora posee 25.426.819 acciones, equivalentes al 1,27% de su capital social.
노르스크 하이드로 ASA는 2024년 9월 11일부터 2025년 2월 28일까지 진행되는 자사주 매입 프로그램에 대한 업데이트를 제공했습니다. 2024년 11월 27일부터 12월 3일 사이에 회사는 주당 NOK 68.03에서 NOK 69.55 사이의 가격으로 총 1,445,900주의 주식을 매입했습니다. 현재까지의 누적 총액은 평균 가격 NOK 66.55에 11,344,314주로, 총 투자액은 NOK 754,960,592에 해당합니다. 이러한 거래 이후, 노르스크 하이드로는 현재 25,426,819주를 보유하고 있으며, 이는 자본금의 1.27%에 해당합니다.
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 27 novembre et le 3 décembre 2024, l'entreprise a acheté un total de 1.445.900 actions à des prix allant de NOK 68,03 à NOK 69,55 par action. Le total accumulé dans le cadre du programme à ce jour est de 11.344.314 actions à un prix moyen de NOK 66,55, représentant un investissement total de NOK 754.960.592. À la suite de ces transactions, Norsk Hydro possède désormais 25.426.819 actions, ce qui équivaut à 1,27 % 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 27. November und dem 3. Dezember 2024 hat das Unternehmen insgesamt 1.445.900 Aktien zu Preisen zwischen NOK 68,03 und NOK 69,55 pro Aktie erworben. Der bisher angesammelte Gesamtertrag im Rahmen des Programms beträgt 11.344.314 Aktien zu einem durchschnittlichen Preis von NOK 66,55, was einer Gesamtinvestition von NOK 754.960.592 entspricht. Nach diesen Transaktionen besitzt Norsk Hydro jetzt 25.426.819 Aktien, was 1,27% des Grundkapitals entspricht.
- Significant share buyback program demonstrates confidence in company value
- Company has accumulated 1.27% of total share capital through buybacks
- Total investment of NOK 754.96 million in share repurchases to date
- Share buyback reduces company's cash reserves
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) |
| 27/11/2024 | 300 000 | 69.55 | 20 864 880 |
| 28/11/2024 | 460 000 | 68.28 | 31 408 018 |
| 29/11/2024 | 330 900 | 68.46 | 22 653 149 |
| 02/12/2024 | 325 000 | 68.03 | 22 110 530 |
| 03/12/2024 | 30 000 | 68.94 | 2 068 266 |
| Previous Transactions | 9 898 414 | ||
| Accumulated to date | 11 344 314 | 66.55 | 754 960 592 |
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 25 426 819 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 December 3, 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?
