Transaction in Own Shares
SOURCE:
Novo Nordisk A/S
2008-08-11 08:29:00
Transaction in Own Shares
BAGSVAERD, DENMARK–(EMWNews – August 11, 2008) – Novo Nordisk A/S – Share repurchase programme
On 31 January 2008 Novo Nordisk initiated its share repurchase
programme in accordance with the provisions of the European
Commission’s regulation no 2273/2003 of 22 December 2003, also
referred to as the Safe Harbour rules.
Under the programme Novo Nordisk has repurchased B shares for an
amount of DKK 2 billion in the period from 31 January 2008 to 6
August 2008. The programme thereby ended on 6 August 2008.
Since the announcement as of 4 August 2008, the following
transactions have been made under the programme:
Number of Average Transaction
shares purchase price value, DKK
Accumulated, last 6,095,407 1,932,455,699
announcement
4 August 2008 70,000 310.7800 21,754,600
5 August 2008 65,700 310.2920 20,386,184
6 August 2008 80,800 313.9800 25,369,584
Accumulated, 2008 6,311,907 1,999,966,068
With the transactions stated above, Novo Nordisk owns a total of
18,015,430 treasury shares, corresponding to 2.8% of the share
capital. The total amount of shares in the company is 634,000,000
including treasury shares.
Novo Nordisk is a healthcare company and a world leader in diabetes
care. In addition, Novo Nordisk has a leading position within areas
such as haemostasis management, growth hormone therapy and hormone
replacement therapy. Novo Nordisk manufactures and markets
pharmaceutical products and services that make a significant
difference to patients, the medical profession and society. With
headquarters in Denmark, Novo Nordisk employs approximately 26,300
employees in 80 countries, and markets its products in 179 countries.
Novo Nordisk’s B shares are listed on the stock exchanges in
Copenhagen and London. Its ADRs are listed on the New York Stock
Exchange under the symbol ‘NVO’. For more information, visit
novonordisk.com.
Further information:
Media: Investors:
Elin K Hansen Mads Veggerby Lausten
Tel: (+45) 4442 3450 Tel: (+45) 4443 7919
[email protected] [email protected]
Hans Rommer
Tel: (+45) 4442 4765
In North America:
Sean Clements
Tel: (+1) 609 514 8316
Company Announcement no 50 / 2008
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