Stock and press releases

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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 bought under the buy-back programme, including the shares that will be proposed redeemed from NFD, will not exceed NOK 4.9 billion.

During week 39 of 2023, DNB purchased 1,249,836 own shares at an average price of NOK 216.7129 per share. Following this, DNB owns a total of 12,115,706 own shares, corresponding to 0.79 percent of the shares in the company.

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

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 the basis of Norges Banks's decision at the monetary policy meeting on 21 September to raise the key policy rate by 0.25 percentage points, DNB has decided to increase the interest rate on home mortgages and deposits by up to 0.25 percentage points," says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.

In DNB, we want to help young people enter the housing market, and customers who are buying their first home will therefore be given our best floating interest rate of 5.24 per cent. The interest rate for deposits in the BSU home savings scheme for young people will be 6.35 per cent. We have also strengthened our advisory services targeting this customer group.

The new interest rates will apply from 26 November for existing loans and deposits.
All customers whose interest rates are to be adjusted will be given information in the online bank or receive a letter by post.

For further information:
Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50
Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.: (+47) 97 51 67 07

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. The total transaction value will not exceed NOK 4.9 billion.

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 38 of 2023, DNB purchased 1,242,000 own shares at an average price of NOK 217.9969 per share. Following this, DNB owns a total of 10,865,870 own shares, corresponding to 0.70 percent of the shares in the company.

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

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 37 of 2023, DNB purchased 1,249,116 own shares at an average price of NOK 214.3770 per share. Following this, DNB owns a total of 9,623,870 own shares, corresponding to 0.62 percent of the shares in the company.

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

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 36 of 2023, DNB purchased 1,154,357 own shares at an average price of NOK 210.5872 per share. Following this, DNB owns a total of 8,374,754 own shares, corresponding to 0,54 percent of the shares in the company.

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

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 35 of 2023, DNB purchased 1,125,000 own shares at an average price of NOK 211.3722 per share. Following this, DNB owns a total of 7,220,397 own shares, corresponding to 0.47 percent of the shares in the company.

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

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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.