BAGSVÆRD, DENMARK--(Marketwire - February 23, 2009) - Novo Nordisk A/S - Share repurchase programme
On 29 January 2009 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 will repurchase B shares for an amount up to DKK 3.0 billion in the period from 29 January 2009 to 5 August 2009.
Since the announcement as of 16 February 2009, the following transactions have been made under the programme:
Number of Average Transaction shares purchase price value, DKK Accumulated, last announcement 912,500 280,519,900 16 February 2009 60,500 310.72 18,798,560 17 February 2009 75,000 308.28 23,121,000 18 February 2009 75,000 300.94 22,570,125 19 February 2009 75,000 299.40 22,454,925 20 February 2009 75,000 295.13 22,134,750 Accumulated under the programme 1,273,000 389,599,260
With the transactions stated above, Novo Nordisk owns a total of
26,077,435 treasury shares, corresponding to 4.1% 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 more than 27,000 employees in 81 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.
Company Announcement no 10 / 2009
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
Copyright © Hugin AS 2009. All rights reserved.
Further information:
Media:
Outside North America:
Elin K Hansen
Tel: (+45) 4442 3450
ekh@novonordisk.com
In North America:
Sean Clements
Tel: (+1) 609 514 8316
secl@novonordisk.com
Investors:
Outside North America:
Mads Veggerby Lausten
Tel: (+45) 4443 7919
mlau@novonordisk.com
Kasper Roseeuw Poulsen
Tel: 4442 4471
krop@novonordisk.com
In North America:
Hans Rommer
Tel: (+1) 609 919 7937
hrmm@novonordisk.com