Stock and press releases

DNB's stock and press releases

2024

DNB Bank ASA - status of share buy-back programme after week 32 2024

DNB Bank ASA - status of share buy-back programme after week 32 2024

On 17 June 2024, 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 14,925,301 shares.

Up to 9,850,699 shares will be purchased on trading venues by 13 September 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2025. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,074,602 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 3,358 million.

During week 32 of 2024, DNB purchased 860,000 own shares at an average price of NOK 212.5685 per share. Following this, DNB has purchased a total of 6,023,749 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)
05/08 220,000 210.3468 46,276,296.00
06/08 200,000 211.4551 42,291,020.00
07/08 170,000 214.3246 36,435,182.00
08/08 120,000 213.2722 25,592,664.00
09/08 150,000 214.7581 32,213,715.00
Previously announced buy-backs under the programme 5,163,749 214.5680 1,107,975,106.37
Total buy-backs made under the programme 6,023,749 214.2825 1,290,789,983.37

Please see the stock exchange announcement published on 17 June 2024, 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 Bank ASA - status of share buy-back programme after week 31 2024

DNB Bank ASA - status of share buy-back programme after week 31 2024

On 17 June 2024, 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 14,925,301 shares.

Up to 9,850,699 shares will be purchased on trading venues by 13 September 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2025. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,074,602 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 3,358 million.

During week 31 of 2024, DNB purchased 802,091 own shares at an average price of NOK 223.4828 per share. Following this, DNB has purchased a total of 5,163,749 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)
29/07 132,090 224.1507 29,608,065.96
30/07 140,001 224.9363 31,491,306.94
31/07 160,000 225.4529 36,072,464.00
01/08 170,000 224.3185 38,134,145.00
02/08 200,000 219.7379 43,947,580.00
Previously announced buy-backs under the programme 4,361,658 212.9286 928,721,544.47
Total buy-backs made under the programme 5,163,749 214.5680 1,107,975,106.37

Please see the stock exchange announcement published on 17 June 2024, 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. 

Board member of DNB Bank ASA resigns

Board member of DNB Bank ASA resigns

Following the election of Stine Bosse as a Member of the European Parliament in June 2024, Bosse has informed that she wants to resign from her role as a member of the Board of Directors of DNB Bank ASA and focus on her role as MEP. Bosse was elected as a board member at the annual general meeting in April 2023, for a period of two years. Bosse resigns from her position with immediate effect. Chair of DNB, Olaug Svarva, thanks Bosse for her important contribution to the Board’s work.

DNB Bank ASA - status of share buy-back programme after week 30 2024

DNB Bank ASA - status of share buy-back programme after week 30 2024

On 17 June 2024, 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 14,925,301 shares.

Up to 9,850,699 shares will be purchased on trading venues by 13 September 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2025. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,074,602 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 3,358 million.

During week 30 of 2024, DNB purchased 712,781 own shares at an average price of NOK 220.8257 per share. Following this, DNB has purchased a total of 4,361,658 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)
22/07 130,041 220.6483 28,693,325.58
23/07 160,000 221.6596 35,465,536.00
24/07 160,000 220.7240 35,315,840.00
25/07 132,740 219.4136 29,124,961.26
26/07 130,000 221.4342 28,786,446.00
Previously announced buy-backs under the programme 3,648,877 211.3898 771,335,435.63
Total buy-backs made under the programme 4,361,658 212.9286 928,721,544.47

Please see the stock exchange announcement published on 17 June 2024, 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 Bank ASA - status of share buy-back programme after week 29 2024

DNB Bank ASA - status of share buy-back programme after week 29 2024

On 17 June 2024, 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 14,925,301 shares.

Up to 9,850,699 shares will be purchased on trading venues by 13 September 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2025. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,074,602 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 3,358 million.

During week 29 of 2024, DNB purchased 609,282 own shares at an average price of NOK 217.4629 per share. Following this, DNB has purchased a total of 3,648,877 own shares under the current buy-back programme, corresponding to 0.24 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)
15/07 130,000 217.4743 28,271,659.00
16/07 80,000 217.6218 17,409,744.00
17/07 107,212 215.9428 23,151,659.47
18/07 170,000 217.7234 37,012,978.00
19/07 122,070 218.3191 26,650,212.54
Previously announced buy-backs under the programme 3,039,595 210.1725 638,839,182.62
Total buy-backs made under the programme 3,648,877 211.3898 771,335,436.63

Please see the stock exchange announcement published on 17 June 2024, 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 Bank ASA - status of share buy-back programme after week 28 2024

DNB Bank ASA - status of share buy-back programme after week 28 2024

On 17 June 2024, 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 14,925,301 shares.

Up to 9,850,699 shares will be purchased on trading venues by 13 September 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2025. At the same meeting it will also be proposed to redeem the remaining shares – up to 5,074,602 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 3,358 million.

During week 28 of 2024, DNB purchased 802,500 own shares at an average price of NOK 211.2169 per share. Following this, DNB has purchased a total of 3,039,595 own shares under the current buy-back programme, corresponding to 0.20 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)
08/07 160,000 210.2297 33,636,752.00
09/07 162,500 206.6168 33,575,230.00
10/07 160,000 205.1760 32,828,160.00
11/07 160,000 215.8555 34,536,880.00
12/07 160,000 218.2783 34,924,528.00
Previously announced buy-backs under the programme 2,237,095 209.7978 469,337,633.62
Total buy-backs made under the programme 3,039,595 210.1725 638,839,182.62

Please see the stock exchange announcement published on 17 June 2024, 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.