2024
DNB Bank ASA - status of share buy-back programme after week 9 2024
DNB Bank ASA - status of share buy-back programme after week 9 2024
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:
| Date: | Number of shares | Average price (NOK) | Total transaction value (NOK) |
|---|---|---|---|
| 26/02 | 155,000 | 207.9923 | 32,238,806.50 |
| 27/02 | 155,000 | 208.5692 | 32,328,226.00 |
| 28/02 | 154,768 | 211.0811 | 32,668,599.68 |
| 29/02 | 156,000 | 212.3265 | 33,122,934.00 |
| 01/03 | 105,000 | 214.1752 | 22,488,396.00 |
| Previously announced buy-backs under the programme | 6,910,167 | 209.9254 | 1,450,619,896.94 |
| Total buy-backs made under the programme | 7,635,935 | 209.9896 | 1,603,466,859.12 |
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.
DNB Bank ASA - status of share buy-back programme after week 8 2024
DNB Bank ASA - status of share buy-back programme after week 8 2024
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:
| Date: | Number of shares | Average price (NOK) | Total transaction value (NOK) |
|---|---|---|---|
| 19/02 | 154,270 | 206.9398 | 31,924,602.95 |
| 20/02 | 150,730 | 207.6585 | 31,300,365.71 |
| 21/02 | 154,232 | 206.1629 | 31,796,916.39 |
| 22/02 | 155,000 | 205.4817 | 31,849,663.50 |
| 23/02 | 155,000 | 206.5045 | 32,008,197.50 |
| Previously announced buy-backs under the programme | 6,140,935 | 210.3491 | 1,291,740,150.89 |
| Total buy-backs made under the programme | 6,910,167 | 209.9254 | 1,450,619,896.94 |
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.
DNB Bank ASA - status of share buy-back programme after week 7 2024
DNB Bank ASA - status of share buy-back programme after week 7 2024
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:
| Date: | Number of shares | Average price (NOK) | Total transaction value (NOK) |
|---|---|---|---|
| 12/02 | 154,126 | 201.4246 | 31,044,767.90 |
| 13/02 | 150,000 | 202.0864 | 30,312,960.00 |
| 14/02 | 155,000 | 204.2832 | 31,663,896.00 |
| 15/02 | 155,000 | 204.0375 | 31,625,812.50 |
| 16/02 | 155,000 | 205.4336 | 31,842,208.00 |
| Previously announced buy-backs under the programme | 5,371,809 | 211.3349 | 1,135,250,506.49 |
| Total buy-backs made under the programme | 6,140,935 | 210.3491 | 1,291,740,150.89 |
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.
DNB Bank ASA - status of share buy-back programme after week 6 2024
DNB Bank ASA - status of share buy-back programme after week 6 2024
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:
| Date: | Number of shares | Average price (NOK) | Total transaction value (NOK) |
|---|---|---|---|
| 05/02 | 178,791 | 206.7362 | 36,962,571.93 |
| 06/02 | 171,209 | 205.8960 | 35,251,248.26 |
| 07/02 | 200,000 | 204.4299 | 40,885,980.00 |
| 08/02 | 185,874 | 201.7317 | 37,496,678.01 |
| 09/02 | 200,000 | 200.7642 | 40,152,840.00 |
| Previously announced buy-backs under the programme | 4,435,935 | 212.9204 | 944,501,188.29 |
| Total buy-backs made under the programme | 5,371,809 | 211.3349 | 1,135,250,506.49 |
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
Financial calendar
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.
DNB Bank ASA - status of share buy-back programme after week 5 2024
DNB Bank ASA - status of share buy-back programme after week 5 2024
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:
| Date: | Number of shares | Average price (NOK) | Total transaction value (NOK) |
|---|---|---|---|
| 29/01 | 190,000 | 212.5156 | 40,377,964.00 |
| 30/01 | 160,000 | 210.9335 | 33,749,360.00 |
| 31/01 | 220,000 | 205.2706 | 45,159,532.00 |
| 01/02 | 182,300 | 205.9521 | 37,545,067.83 |
| 02/02 | 167,700 | 207.0688 | 34,725,437.76 |
| Previously announced buy-backs under the programme | 3,515,935 | 214.1518 | 752,943,826.70 |
| Total buy-backs made under the programme | 4,435,935 | 212.9204 | 944,501,188.29 |
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.