BAGSVÆRD, DENMARK--(Marketwire - March 09, 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 2 March 2009, the following transactions have been made under the programme:
Number of Average Transaction shares purchase value, price DKK Accumulated, last announcement 1,660,000 504,426,150 2 March 2009 75,000 280.12 21,009,000 3 March 2009 80,000 273.59 21,887,120 4 March 2009 75,000 273.64 20,523,000 5 March 2009 75,000 274.70 20,602,500 6 March 2009 75,000 260.92 19,569,000 Accumulated under the programme 2,040,000 608,016,770
Transactions related to Novo Nordisk’s incentive programmes have resulted in an increase of 48,117 B-shares in Novo Nordisk’s holding of treasury shares. The shares in these transactions were not part of the Safe Harbour repurchase programme.
With the transactions stated above, Novo Nordisk owns a total of 26,892,552 treasury shares, corresponding to 4.2% 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.
Further information: Media: Investors: Outside North America: Outside North America: Mette Kruse Danielsen Mads Veggerby Lausten Tel: (+45) 4442 3883 Tel: (+45) 4443 7919 mkd@novonordisk.com mlau@novonordisk.com Kasper Roseeuw Poulsen Tel: 4442 4471 krop@novonordisk.com In North America: In North America: Sean Clements Hans Rommer Tel: (+1) 609 514 8316 Tel: (+1) 609 919 7937 secl@novonordisk.com hrmm@novonordisk.com
Company Announcement no 13 / 2009
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Media:
Outside North America:
Mette Kruse Danielsen
Tel: (+45) 4442 3883
Email Contact
In North America:
Sean Clements
Tel: (+1) 609 514 8316
Email Contact
Investors:
Outside North America:
Mads Veggerby Lausten
Tel: (+45) 4443 7919
Email Contact
Kasper Roseeuw Poulsen
Tel: 4442 4471
Email Contact
In North America:
Hans Rommer
Tel: (+1) 609 919 7937
Email Contact