DNB Bank ASA - status of share buy-back programme after week 27 2025

DNB Bank ASA - status of share buy-back programme after week 27 2025

On 17 June 2025, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 14,776,048  shares.

Up to 9,752,192 shares will be purchased on trading venues by 1 October 2025, and a proposal to cancel the shares will be made at the Annual General Meeting in 2026. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,023,856 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 4,211 million.

During week 27 of 2025, DNB purchased 476,818 own shares at an average price of NOK 276.9636 per share. Following this, DNB has purchased a total of 2,044,010 own shares under the current buy-back programme, corresponding to 0.14 percent of the shares in the company.

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

Date: Number of shares Average price (NOK) Total transaction value (NOK)
30.06.2025 106,780 277.8806 29,672,090
01.07.2025 136,940 274.9057 37,645,587
02.07.2025 93,482 277.1664 25,910,069
03.07.2025 65,832 277.9865 18,300,407
04.07.2025 73,784 278.2862 20,533,069
Previously announced buy-backs under the programme 1,567,192 275.1533 431,218,000
Total buy-backs made under the programme 2,044,010 275.5756 563,279,222

Please see the stock exchange announcement published on 17 June 2025, which is available at 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.

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

Capital reduction completed

Capital reduction completed

In accordance with the purpose of the buy-back program carried out by DNB Bank ASA ("DNB") during the period from DNB's Annual General Meeting in 2024 to DNB's Annual General Meeting in 2025, the company's Annual General Meeting held on 29 April 2025 decided to reduce DNB's share capital with NOK 186,566,262.5 from NOK 18,656,628,575 to NOK 18,470,062,312.5, by deletion or redemption of a total of 14,925,301 shares.  

The capital reduction was filed with the Norwegian Register of Business Enterprises on 5 May 2025 and the creditor notice period expired on 16 June 2025. The capital reduction was completed on 25 June 2025 in accordance with the resolution from the annual general meeting.  

The new share capital of DNB ASA is NOK 18,470,062,312.5 divided between 1,477,604,985 shares of NOK 12.50 each.  

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

Basis swap and AT1 impact Q2 2025

Basis swap and AT1 impact Q2 2025

In the second quarter of 2025, the DNB Group will recognise a negative mark-to-market effect of NOK 97 million from basis swaps connected to funding. Furthermore, a negative effect of NOK 222 million from the USD and SEK Additional Tier 1 capital will also be recognised. The effects will appear under Net gains on financial instruments at fair value in our financial statement.

For further information, please contact: Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

DNB Bank ASA - status of share buy-back programme after week 26 2025

DNB Bank ASA - status of share buy-back programme after week 26 2025

On 17 June 2025, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 14,776,048  shares.

Up to 9,752,192 shares will be purchased on trading venues by 1 October 2025, and a proposal to cancel the shares will be made at the Annual General Meeting in 2026. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,023,856 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 4,211 million.

During week 26 of 2025, DNB purchased 899,979 own shares at an average price of NOK 274.3475 per share. Following this, DNB has purchased a total of 1,567,192 own shares under the current buy-back programme, corresponding to 0.11 percent of the shares in the company.

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

Date: Number of shares Average price (NOK) Total transaction value (NOK)
23.06.2025 179,979 273.3080 49,189,701.00
24.06.2025 180,000 273.0673 49,152,114.00
25.06.2025 180,000 274.2667 49,368,006.00
26.06.2025 180,000 275.0160 49,502,880.00
27.06.2025 180,000 276.0795 49,694,310.00
Previously announced buy-backs under the programme 667,213 276.2401 184,310,989.00
Total buy-backs made under the programme 1,567,192 275.1533 431,218,000.00

Please see the stock exchange announcement published on 17 June 2025, which is available at 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.

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

Invitation to DNB's second quarter presentation, Friday, 11 July 2025

Invitation to DNB's second quarter presentation, Friday, 11 July 2025

DNB will publish its results for the second quarter of 2025 on Friday, 11 July 2025 at 7:30 CET.

9:30 CET: Presentation

CEO Kjerstin Braathen and CFO Ida Lerner present the results at a live streamed presentation. It will be possible to ask questions online and a broadcast will be available on the Investor Relations pages at ir.dnb.no. It will also be possible to physically attend the presentation at DNB's head office in Bjørvika, Dronning Eufemias gate 30. Please register your attendance in Oslo, at [email protected]. For media, please register at [email protected].

13:30 CET: Conference call for analysts and investors

Call-in details: Norway +47 21 56 33 18, UK-Wide +44 (0) 33 0551 0200, US +1 786 697 3501. Password: DNB Q2. Please join the call early to allow the operator to transfer you into the call by the scheduled start time.

The conference call (listen-only mode) and a recording of this will be available on the Investor Relations pages at ir.dnb.no.

For further information, please contact:

Investor contact: 
Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50
Anne Engebretsen, Investor Relations, tel.: (+47) 23 26 84 08

Media contact: 
Liselotte Lunde, Executive Vice President of Communications, tel: (+47) 95 94 92 35

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

DNB Bank ASA - status of share buy-back programme after week 25 2025

DNB Bank ASA - status of share buy-back programme after week 25 2025

On 17 June 2025, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 14,776,048  shares.

Up to 9,752,192 shares will be purchased on trading venues by 1 October 2025, and a proposal to cancel the shares will be made at the Annual General Meeting in 2026. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,023,856 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 4,211 million.

During week 25 of 2025, DNB purchased 667,213 own shares at an average price of NOK 276.2401 per share. Following this, DNB has purchased a total of 667,213 own shares under the current buy-back programme, corresponding to 0.04 percent of the shares in the company.

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

Date: Number of shares Average price (NOK) Total transaction value (NOK)
17.06.2025 100,000 279.2476 27,924,760.00
18.06.2025 180,000 280.6357 50,514,426.00
19.06.2025 228,608 273.0737 62,426,832.00
20.06.2025 158,605 273.9193 43,444,971.00
Previously announced buy-backs under the programme
Total buy-backs made under the programme 667,213 276.2401 184,310,989.00

Please see the stock exchange announcement published on 17 June 2025, 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.

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

DNB cuts mortgage interest rates

DNB cuts mortgage interest rates

Based on Norges Bank’s decision at the monetary policy meeting on June 19th 2025 to lower the key policy rate by 0.25 percentage point, DNB has decided to cut the interest rate on all mortgages by up to 0.25 percentage point. The interest rate on deposits will be reduced by up to 0.25 percentage point. 
 
"The whole country has been waiting for a cut in the key policy rate, and today's decision from the Norwegian central bank, Norges Bank, is good news for everyone with a mortgage. At the same time, it’s clear that many people are still concerned about the unpredictability of the unsettled world, and more are seeking information and advice now. In our experience, most people have been in control of their finances and have made good choices since interest rates peaked in December 2023, but today's cut will naturally be welcomed by many, says Maria Ervik Løvold, Group Executive Vice President of the personal customer market at DNB.

Young people and customers buying their first home are given the bank's best floating mortgage rate of 5.24 per cent.

DNB customers affected by an interest rate change will receive information about their new interest rate in the online bank or as a letter by post. 
 
The new interest rates will apply from June 20th for new mortgages and deposits, and from August 25th for existing mortgages and deposits.  
 
For further information: 
Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50
Liselotte Lunde, Executive Vice President of Communications, tel: (+47) 95 94 92 35

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

DNB Bank ASA will buy back up to 1.0 percent of the company's own shares

DNB Bank ASA will buy back up to 1.0 percent of the company's own shares

DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 14,776,048 shares. The buy-back programme was adopted based on an authorisation given by the Annual General Meeting held on 29 April 2025. The Financial Supervisory Authority of Norway has approved the buy-back programme, on the condition that the total buy-backs do not reduce the company’s own funds by more than NOK 4,211 million.

The purpose of the buy-back programme is to optimise the company’s capital structure, by reducing the common equity tier 1 (CET1) capital ratio by approximately 0.40 percentage points.

Up to 0.66 percent of the company’s own shares, which equals 9,752,192 shares, will be bought back on trading venues, at a price of between NOK 10 and NOK 330 per share. The buy-backs will, at the latest, end on 1 October 2025. DNB Carnegie will manage the buy-backs on behalf of the company, and will decide the timing of the purchases independently of the company. The shares that are purchased will be proposed cancelled at the Annual General Meeting in 2026.  

The remaining 0.34 percent of the shares – up to 5,023,856 shares – will at the same Annual General Meeting be proposed redeemed 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. NFD’s shares will be redeemed at a price equal to the average price of the shares bought back on trading venues, with the addition of an interest compensation.

The buy-back programme will be carried out in accordance with the Market Abuse Regulation and the regulation regarding buy-back programmes and stabilisation measures.

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.

DNB Bank ASA - Acquisition of shares by primary insiders

DNB Bank ASA - Acquisition of shares by primary insiders

On 18 March 2025, the Board of Directors of DNB Bank ASA decided to offer employees to acquire shares in the company with a discount of up to 25 % (limited to NOK 16 000 per employee). 

The shares were allotted today, 23 May 2025, at a gross price of NOK 270.3587 per share. 

Please see attachment for further details regarding the primary insiders in DNB Bank ASA that made use of the offer. 

This information is subject of the disclosure requirements pursuant to MAR article 19 and section 5-12 of the Norwegian Securities Trading Act.

DNB Bank ASA - Acquisition of shares by primary insiders

DNB Bank ASA - Acquisition of shares by primary insiders

Today, 8 May 2025, a total of 158 413 shares in DNB Bank ASA were acquired on behalf of certain leading employees and risk takers. The purchase was executed collectively at an average price per share of NOK 266.4141.

The shares were acquired in accordance with the regulation on remuneration in financial institutions etc., which states that at least half of annual variable remuneration shall be awarded as shares and be subject to certain lock-up mechanisms.

The employees have been given a compensation for decreased share value resulting from the lock-up at approximately 7.7% or 8.3%, depending on the length of the lock-up period. 

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

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