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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. Recent transactions from October 30 to November 5, 2024, show the company purchased a total of 681,869 shares at prices ranging from NOK 68.10 to NOK 69.79. The accumulated total under the program to date is 7,432,695 shares at an average price of NOK 66.03. Following these transactions, Norsk Hydro now owns 21,515,200 shares, representing 1.07% 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. Le transazioni recenti dal 30 ottobre al 5 novembre 2024 mostrano che l'azienda ha acquistato un totale di 681.869 azioni a prezzi che vanno da NOK 68,10 a NOK 69,79. Il totale accumulato fino ad oggi nel programma è di 7.432.695 azioni a un prezzo medio di NOK 66,03. A seguito di queste transazioni, Norsk Hydro possiede ora 21.515.200 azioni, pari all'1,07% del suo capitale sociale.

Norsk Hydro ASA ha proporcionado una actualización sobre su programa de recompra de acciones, que se lleva a cabo desde el 11 de septiembre de 2024 hasta el 28 de febrero de 2025. Las transacciones recientes del 30 de octubre al 5 de noviembre de 2024 muestran que la compañía compró un total de 681.869 acciones a precios que varían entre NOK 68,10 y NOK 69,79. El total acumulado en el programa hasta la fecha es de 7.432.695 acciones a un precio promedio de NOK 66,03. Tras estas transacciones, Norsk Hydro ahora posee 21.515.200 acciones, lo que representa el 1,07% de su capital social.

Norsk Hydro ASA는 2024년 9월 11일부터 2025년 2월 28일까지 진행되는 자사주 매입 프로그램에 대한 업데이트를 제공하였습니다. 2024년 10월 30일부터 11월 5일까지의 최근 거래에 따르면, 회사는 NOK 68.10에서 NOK 69.79 사이의 가격으로 총 681,869주를 매입하였습니다. 현재까지 프로그램에 따라 누적된 총주식 수는 평균 가격 NOK 66.03로 7,432,695주입니다. 이러한 거래 후, Norsk Hydro는 현재 21,515,200주를 보유하고 있으며, 이는 자본금의 1.07%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. Les transactions récentes entre le 30 octobre et le 5 novembre 2024 montrent que l'entreprise a acheté un total de 681.869 actions à des prix allant de NOK 68,10 à NOK 69,79. Le total accumulé à ce jour dans le cadre du programme est de 7.432.695 actions à un prix moyen de NOK 66,03. Suite à ces transactions, Norsk Hydro possède désormais 21.515.200 actions, représentant 1,07 % de son capital social.

Norsk Hydro ASA hat ein Update zu seinem Aktienrückkaufprogramm bereitgestellt, das vom 11. September 2024 bis zum 28. Februar 2025 läuft. Jüngste Transaktionen vom 30. Oktober bis 5. November 2024 zeigen, dass das Unternehmen insgesamt 681.869 Aktien zu Preisen zwischen NOK 68,10 und NOK 69,79 erworben hat. Der bisher kumulierte Gesamtwert des Programms beträgt 7.432.695 Aktien zu einem durchschnittlichen Preis von NOK 66,03. Nach diesen Transaktionen besitzt Norsk Hydro nun 21.515.200 Aktien, was 1,07% des Grundkapitals entspricht.

Positive
  • Consistent execution of share buyback program indicating strong cash position
  • Increased ownership stake to 1.07% of share capital
  • Strategic return of capital to shareholders
Negative
  • Significant cash outflow of NOK 490,785,751 for buyback program

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)
30/10/2024 89 00068.78 6 121 580
31/10/2024 178 90068.10 12 183 358
01/11/2024 110 00068.75 7 562 236
04/11/2024 165 00069.43 11 455 554
05/10/2024 138 96969.79 9 699 050
Previous Transactions 6 750 826  
Accumulated to date7 432 695 66.03490 785 751


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 21 515 200 shares, corresponding to 1.07% 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 does 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 Norsk Hydro (NHYDY) accumulated in its buyback program to date?

Norsk Hydro has accumulated 7,432,695 shares under the current buyback program at an average price of NOK 66.03 per share.

What percentage of shares does Norsk Hydro (NHYDY) own after recent buybacks?

Following the recent transactions, Norsk Hydro owns 21,515,200 shares, corresponding to 1.07% of its share capital.

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