2019
Reminder: Invitation to DNB's Capital Markets Day - 20 November 2019
Reminder: Invitation to DNB's Capital Markets Day - 20 November 2019
DNB is pleased to invite you to the Group's Capital Markets Day.
Date: Wednesday 20 November 2019
Time: 12:00 pm - 2:30 pm GMT. Registration and lunch from 11:00 am - 12:00 pm GMT
Location: Hotel Claridge's, Brook Street, Mayfair, London W1K 4HR, England
We will present the financial targets for the next period. Topics will include the Group's operating environment, ROE, digitalisation, asset quality and capital.
Speakers at the CMD will be:
- Kjerstin R. Braathen, CEO
- Ottar Ertzeid, CFO
- Harald Serck-Hanssen, Group EVP Corporate Banking
- Ingjerd Blekeli Spiten, Group EVP Personal banking
- Rune Garborg, CEO Vipps
Registration
Please register your attendance with [email protected] as soon as posible.
The event will be webcasted. The CMD presentation will be published on ir.dnb.no at 11:00 am GMT on the day of the presentation. It will be possible to ask questions in the Q&A through the online link.
We look forward to seeing you in London.
Best regards
Kjerstin R. Braathen
CEO, DNB
DNB ASA - Share buy-back status after week 46
DNB ASA - Share buy-back status after week 46
During week 46 2019, DNB ASA has purchased 880 000 own shares at an average price of NOK 165.04 per share. After this, DNB ASA owns a total of 3 620 000 own shares.
The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019. The share buy-back programme comprises up to approximately 7.9 million shares, of which up to approximately 5.2 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.
For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notification made on 24 October 2019 (available from www.newsweb.no).
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.
DNB ASA - Share buy-back status after week 45
DNB ASA - Share buy-back status after week 45
During week 45 2019, DNB ASA has purchased 1 017 000 own shares at an average price of NOK 168.32 per share. After this, DNB ASA owns a total of 2,740,000 own shares.
The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019. The share buy-back programme comprises up to approximately 7.9 million shares, of which up to approximately 5.2 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.
For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notification made on 24 October 2019 (available at www.newsweb.no).
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.
DNB ASA - Share buy-back status after week 43 and 44
DNB ASA - Share buy-back status after week 43 and 44
During week 43 and 44 2019, DNB ASA has purchased 1 723 000 own shares at an average price of NOK 168.37 per share. After this, DNB ASA owns a total of 1 723 000 own shares.
The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019. The share buy-back programme comprises up to approximately 7.9 million shares, of which up to approximately 5.2 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.
For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notification made on 24 October 2019 (available from www.newsweb.no).
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.
Invitation to DNB's Capital Markets Day - 20 November 2019
Invitation to DNB's Capital Markets Day - 20 November 2019
DNB is pleased to invite you to the Group's Capital Markets Day.
Date: Wednesday 20 November 2019
Time: 12:00 pm - 2:30 pm GMT. Registration and lunch from 11:00 am - 12:00 pm GMT
Location: Hotel Claridge's, Brook Street, Mayfair, London W1K 4HR, England
We will present the financial targets for the next period. Topics will include the Group's operating environment, ROE, digitalisation, asset quality and capital.
Speakers at the CMD will be:
- Kjerstin R. Braathen, CEO
- Ottar Ertzeid, CFO
- Harald Serck-Hanssen, Group EVP Corporate Banking
- Ingjerd Blekeli Spiten, Group EVP Personal banking
- Rune Garborg, CEO Vipps
Registration
Please register your attendance with [email protected]
The closing date for registration is 14 November 2019.
The event will be webcasted. The CMD presentation will be published on ir.dnb.no at 11:00 am GMT on the day of the presentation.
We look forward to seeing you in London.
Best regards
Kjerstin R. Braathen
CEO, DNB
DNB ASA is initiating a new share buy-back programme
DNB ASA is initiating a new share buy-back programme
In order to enable an optimal level of capital in the company, DNB ASA has decided to initiate a new share buy-back programme. The buy-back programme comprises up to 0.5 per cent of DNB ASA's shares, which represents a total of 7 901 506 shares.
The share buy-back programme is based on an authorization given by DNB ASA's annual general meeting on 30 April 2019 and an approval given by the Financial Supervisory Authority of Norway on 27 June 2019. The authorization from the general meeting will be valid for a period of 12 months from the date of the general meeting.
In accordance with the authorization from the general meeting, the shares shall be purchased at a price between NOK 10 and NOK 250 per share. The buy-back programme will, at the latest, be completed by the end of March 2020.
Up to approximately 5.2 million of the shares will be repurchased in the open market. In accordance with an agreement between DNB ASA and the state of Norway through the Ministry of Trade, Industry and Fisheries, a proportionate amount of shares will be redeemed from the state of Norway, so that its current ownership interest in DNB ASA of 34 % remains unaffected following completion of the buy-back programme.
DNB ASA will seek approval from the annual general meeting in 2020 for cancellation of the repurchased shares and redemption of shares owned by the state of Norway. The redemption of shares shall be made against a payment which shall correspond to an average volume weighted price of DNB ASA's repurchase of shares in the open market as a part of the buy-back programme, including an interest compensation and an agreed adjustment for any dividend paid on the redemption shares in the buy-back period.
For further information, DNB ASA refers to the minutes from DNB ASA's annual general meeting of 30 April 2019, available at www.dnb.no.