On 17 June 2025, DNB Bank ASA ("DNB") announced that the company has decided to
initiate a share buy-back programme comprising up to 1.0 percent of the
company's own shares, which represents a total of 14,776,048 shares.
Up to 9,752,192 shares will be purchased on trading venues by 1 October 2025,
and a proposal to cancel the shares will be made at the Annual General Meeting
in 2026. At the same meeting it will also be proposed to redeem the remaining
shares - up to 5,023,856 shares - from the Norwegian Government, represented by
the Ministry of Trade, Industry and Fisheries ("NFD"), so that NFD's ownership
interest of 34 percent remains unchanged.
The total consideration paid for the shares purchased under the buy-back
programme, including the shares that will be proposed redeemed from NFD, will
not exceed NOK 4,211 million.
During week 28 of 2025, DNB purchased 912,468 own shares at an average price of
NOK 274.2798 per share. Following this, DNB has purchased a total of 2,956,478
own shares under the current buy-back programme, corresponding to 0.20 percent
of the shares in the company.
Below is a more detailed overview of the transactions carried out under the buy
-back programme:
+------------------------+---------+--------+-----------------------------+
|Date: |Number of|Average |Total transaction value (NOK)|
| | shares | price | |
| | | (NOK) | |
+------------------------+---------+--------+-----------------------------+
|07.07.2025 | 75,496 |280.3600| 21,166,059 |
+------------------------+---------+--------+-----------------------------+
|08.07.2025 | 149,911 |282.2749| 42,316,113 |
+------------------------+---------+--------+-----------------------------+
|09.07.2025 | 174,888 |283.0605| 49,503,885 |
+------------------------+---------+--------+-----------------------------+
|10.07.2025 | 147,766 |282.8019| 41,788,506 |
+------------------------+---------+--------+-----------------------------+
|11.07.2025 | 364,407 |262.0613| 95,496,972 |
+------------------------+---------+--------+-----------------------------+
|Previously announced buy|2,044,010|275.5756| 563,279,222 |
|-backs under the | | | |
|programme | | | |
+------------------------+---------+--------+-----------------------------+
|Total buy-backs made |2,956,478|275.1757| 813,550,756 |
|under the programme | | | |
+------------------------+---------+--------+-----------------------------+
Please see the stock exchange announcement published on 17 June 2025, which is
available at newsweb.oslobors.no, for more information about the buy-back
programme.
For further information, please contact Rune Helland, Head of Investor
Relations, on +47 23 26 84 00 or +47 97 71 32 50.
This announcement contains information that is subject to disclosure
requirements pursuant to the Market Abuse Regulation and section 5-12 of the
Norwegian Securities Trading Act.
An overview of all buy-backs made this week is enclosed with this announcement
and available at newsweb.oslobors.no.