Dec 15 2009
On 7 August 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 2.4 billion in the period from 10 August 2009 to 18 December 2009.
Since the announcement as of 7 December 2009, the following transactions have been made under the programme:
Number of Average Transaction shares purchase price value, DKK Accumulated, last announcement 6,605,599 2,125,153,688 7 December 2009 81,500 336.1200 27,393,780 8 December 2009 81,500 338.7600 27,608,940 9 December 2009 81,500 340.5200 27,752,380 10 December 2009 81,500 340.5250 27,752,788 11 December 2009 100,000 337.4015 33,740,150 Accumulated under the programme 7,031,599 2,269,401,725
Transactions related to Novo Nordisk's incentive programmes have resulted in a net sale by Novo Nordisk of 200 B shares in the period from 7 December 2009 to 11 December 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 31,747,777 treasury shares, corresponding to 5.1% of the share capital. The total amount of shares in the company is 620,000,000 including treasury shares.
SOURCE: Novo Nordisk A/S