DNB ASA has on 8 November 2019 purchased 198,000 own shares at an average price of NOK 168.4596 per share. After this, DNB ASA owns a total of 2,740,000 own shares.
The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019. The share buy-back programme comprises up to approximately 7.9 million shares, of which up to approximately 5.2 million shares may be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA’s annual general meeting in 2020, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.
For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notification made on 24 October 2019 (available from www.newsweb.no).
For further information, please contact:
Rune Helland, Head of Investor Relations, tel. +47 23 26 84 00 / +47 977 13 250
Jan Ole Huseby, Senior Advisor Investor Relations, tel. +47 23 26 84 08 / +47 958 61 003
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.