The DNB Group's Annual Report, including Sustainability report and Pillar 3 report for 2023, are published today on DNB's website ir.dnb.no.

For further information:

Investor contacts:
Rune Helland, Head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977 13 250
Thor Tellefsen, Head of Long-Term Funding, tel. (+47) 915 44 385

Media contact:
Øystein Kløvstad Langberg, Executive Vice President of Communications, tel: (+47) 98 04 88 25

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

DNB Bank ASA (“DNB”) has completed the share buy-back programme announced on 22 December 2023.

A total of 7,635,935 shares, which equals 0.495 percent of the shares in the company, were purchased on trading venues, for a total consideration of approximately NOK 1.603 billion. The average price paid per share was NOK 209.99. Following this, DNB owns a total of 33,054,725 own shares, which equals 2.143 percent of the shares in the company. A proposal will be made at the Annual General Meeting in 2024 to cancel all these shares.

At the same meeting it will also be proposed to redeem 17,028,192 shares, which equals 1.104 percent of the shares in the company, from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries (“NFD”). The purpose of this is to ensure that NFD’s ownership interest of 34 percent remains unchanged. NFD will receive a total consideration of approximately NOK 3.576 billion and an interest compensation.

Please see the stock exchange announcement published on 22 December 2023, which is available at www.newsweb.oslobors.no, for more information about the buy-back programme. 

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11,569,599 shares.

Up to 7,635,935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3,933,664 shares – from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries (“NFD”), so that NFD’s ownership interest of 34 percent remains unchanged. 

The total consideration paid for the shares purchased under the buy-back programme, including the shares that will be proposed redeemed from NFD, will not exceed NOK 2.5 billion.

During week 9 of 2024, DNB purchased 725,768 own shares at an average price of NOK 210.6003 per share. Following this, DNB has purchased a total of 7,635,935 own shares under the current buy-back programme, corresponding to 0.50 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

Please see the stock exchange announcement published on 22 December 2023, which is available at www.newsweb.oslobors.no, for more information about the buy-back programme. 

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11 569 599 shares.

Up to 7 635 935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3 933 664 shares – from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries (“NFD”), so that NFD’s ownership interest of 34 percent remains unchanged. 

The total consideration paid for the shares purchased under the buy-back programme, including the shares that will be proposed redeemed from NFD, will not exceed NOK 2.5 billion.

During week 8 of 2024, DNB purchased 769,232 own shares at an average price of NOK 206.5433 per share. Following this, DNB has purchased a total of 6,910,167 own shares under the current buy-back programme, corresponding to 0.46 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

Please see the stock exchange announcement published on 22 December 2023, which is available at www.newsweb.oslobors.no, for more information about the buy-back programme. 

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11 569 599 shares.

Up to 7 635 935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3 933 664 shares – from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries (“NFD”), so that NFD’s ownership interest of 34 percent remains unchanged. 

The total consideration paid for the shares purchased under the buy-back programme, including the shares that will be proposed redeemed from NFD, will not exceed NOK 2.5 billion.

During week 7 of 2024, DNB purchased 769,126 own shares at an average price of NOK 203.4642 per share. Following this, DNB has purchased a total of 6,140,935 own shares under the current buy-back programme, corresponding to 0.40 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

Please see the stock exchange announcement published on 22 December 2023, which is available at www.newsweb.oslobors.no, for more information about the buy-back programme. 

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11 569 599 shares.

Up to 7 635 935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3 933 664 shares – from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries (“NFD”), so that NFD’s ownership interest of 34 percent remains unchanged. 

The total consideration paid for the shares purchased under the buy-back programme, including the shares that will be proposed redeemed from NFD, will not exceed NOK 2.5 billion.

During week 6 of 2024, DNB purchased 935,874 own shares at an average price of NOK 203.8194 per share. Following this, DNB has purchased a total of 5,371,809 own shares under the current buy-back programme, corresponding to 0.35 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

Please see the stock exchange announcement published on 22 December 2023, which is available at www.newsweb.oslobors.no, for more information about the buy-back programme. 

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

Financial calendar for DNB Bank ASA

FINANCIAL YEAR 2024

23.04.2024 - Quarterly Report - Q1
11.07.2024 - Half-yearly Report
22.10.2024 - Quarterly Report - Q3
05.02.2025 - Quarterly Report - Q4

19.03.2025 - Annual Report

FINANCIAL YEAR 2025

29.04.2025 - Annual General Meeting
07.05.2025 - Quarterly Report - Q1
11.07.2025 - Half-yearly Report
22.10.2025 - Quarterly Report - Q3

For further information, please contact:
Rune Helland, Head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977 13 250

This information is published pursuant to the requirements set out in the Continuing obligations.

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11 569 599 shares.

Up to 7 635 935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3 933 664 shares – from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries (“NFD”), so that NFD’s ownership interest of 34 percent remains unchanged. 

The total consideration paid for the shares purchased under the buy-back programme, including the shares that will be proposed redeemed from NFD, will not exceed NOK 2.5 billion.

During week 5 of 2024, DNB purchased 920,000 own shares at an average price of NOK 208.2145 per share. Following this, DNB has purchased a total of 4,435,935 own shares under the current buy-back programme, corresponding to 0.29 percent of the shares in the company.

Below is a more detailed overview of the transactions carried out under the buy-back programme:

Please see the stock exchange announcement published on 22 December 2023, which is available at www.newsweb.oslobors.no, for more information about the buy-back programme. 

For further information, please contact Rune Helland, Head of Investor Relations, on +47 23 26 84 00 or +47 97 71 32 50.

This announcement contains information that is subject to disclosure requirements pursuant to the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

Today, 1 February 2024, a total of 11,743 shares in DNB Bank ASA were acquired on behalf of certain of DNB’s primary insiders, who are part of the Group Management team. The share purchase was executed collectively at an average price per share of NOK 205.7249.

The shares were purchased in accordance with the share programme that was approved by the Annual General Meeting on 30 June 2020. Shares that are acquired through the programme have a holding period which lasts for as long as the person holding the shares is part of the Group Management team. Upon leaving the Group Management team, the shares are released in stages over a period of three years.

A list of the primary insiders of DNB Bank ASA who have increased their shareholding is attached.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.