Novo Nordisk A/S - share repurchase programme - July 20, 2026

Bagsværd, Denmark, 20 July 2026 – On 6 May 2026, Novo Nordisk initiated a share repurchase programme in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Rules"). This programme is part of the overall share repurchase programme of up to DKK 15 billion to be executed during a 12-month period beginning 4 February 2026.

Under the programme initiated 6 May 2026, Novo Nordisk will repurchase B shares for an amount up to DKK 11,200,000,010.45 in the period from 6 May 2026 to 1 February 2027.

Since the announcement 13 July 2026, the following transactions have been made:

 Number of
B shares
Average
purchase price
Transaction
value, DKK
Accumulated, last announcement9,225,000 2,734,545,468
13 July 2026195,000322.6962,923,858
14 July 2026195,000320.5562,507,407
15 July 2026195,000323.8363,147,108
16 July 2026195,000333.5965,050,395
17 July 2026195,000333.3565,003,163
Accumulated under the programme10,200,000 3,053,177,399

The details for each transaction made under the share repurchase programme are published on novonordisk.com.

With the transactions stated above, Novo Nordisk owns a total of 42,144,480 B shares of DKK 0.10 as treasury shares, corresponding to 0.9% of the share capital. The total amount of A and B shares in the company is 4,465,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 15 billion during a 12-month period beginning 4 February 2026. As of 17 July 2026, Novo Nordisk has since 4 February 2026 repurchased a total 24,959,179 B shares at an average share price of DKK 274.58 per B share equal to a transaction value of DKK 6,853,177,389.

Novo Nordisk is a leading global healthcare company founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat serious chronic diseases built upon our heritage in diabetes. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs about 68,800 people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, Instagram, X, LinkedIn and YouTube.

Contacts for further information

Media: 
Ambre James-Brown 
+45 3079 9289 
globalmedia@novonordisk.com 

 
Liz Skrbkova (US) 
+1 609 917 0632 
USMediaRelations@novonordisk.com 

 
Investors: 
Michael Novod 
+45 3075 6050 
nvno@novonordisk.com 

 
Sina Meyer  
+45 3079 6656  
azey@novonordisk.com 

 
Max Ung 
+45 3077 6414 
mxun@novonordisk.com 

 
Christoffer Togo Solgaard-Tullin
+45 3079 1471 
cftu@novonordisk.com  

 
Alex Bruce 
+45 3444 2613 
axeu@novonordisk.com 
Mads Berner Bruun 
+45 3075 2936 
mbbz@novonordisk.com 

 
Ida Schaap Melvold 
+45 3077 5649 
idmg@novonordisk.com 

 
Frederik Taylor Pitter (US) 
+1 609 613 0568 
fptr@novonordisk.com 

 

Company announcement No 43 / 2026

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