BAGSVÆRD, DENMARK--(Marketwire - April 06, 2009) - 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 30 March 2009, the following transactions have been made under the programme:
Number of Average Transaction shares purchase price value, DKK Accumulated, last announcement 3,317,500 944,916,745 30 March 2009 75,000 278.10 20,857,500 31 March 2009 150,000 272.99 40,948,650 1 April 2009 60,000 277.50 16,650,000 2 April 2009 70,000 276.54 19,357,800 3 April 2009 159,541 246.10 39,263,040 Accumulated under the programme 3,832,041 1,081,993,735
Transactions related to Novo Nordisk's incentive programmes have resulted in a net sale by Novo Nordisk of 170 B shares in the period from 30 March 2009 to 3 April 2009. 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 28,684,423 treasury shares, corresponding to 4.5% 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 21 / 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