2026
DNB Bank ASA initiates share buy-back programme of up to 0.5 percent of its own shares
DNB Bank ASA initiates share buy-back programme of up to 0.5 percent of its own shares
DNB Bank ASA has decided to initiate a new share buy-back programme comprising up to 0.5 percent of the company’s own shares, which represents a total of 7,388,024 shares. The buy-back programme was adopted based on an authorisation given by the Annual General Meeting held on 29 April 2025. The Financial Supervisory Authority of Norway has approved the buy-back programme, on the condition that the total buy-backs do not reduce the company’s own funds by more than NOK 2,217 million.
The purpose of the buy-back programme is to optimise the company’s capital structure, by reducing the common equity tier 1 (CET1) ratio by 0.2 percentage points.
Up to 0.33 percent of the company’s own shares, which equals 4,876,096 shares, will be bought back on trading venues, at a price of between NOK 10 and NOK 330 per share. The buy-backs will, at the latest, end on 20 March 2026. DNB Carnegie will manage the buy-backs on behalf of the company, and decide the timing of the purchases independently of the company. The shares that are purchased will be proposed cancelled at the next Annual General Meeting.
The remaining 0.17 percent of the shares – up to 2,511,928 shares – will at the same Annual General Meeting be proposed redeemed 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. NFD’s shares will be redeemed at a price equal to the average price of the shares bought back on trading venues, with the addition of an interest compensation.
The buy-back programme will be carried out in accordance with the Market Abuse Regulation and the regulation regarding buy-back programmes and stabilisation measures.
The company currently owns 19,504,384 own shares, which were repurchased in 2025 and earlier in 2026.
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.
Reminder: Invitation to DNB's fourth quarter presentation, Wednesday, 4 February 2026
Reminder: Invitation to DNB's fourth quarter presentation, Wednesday, 4 February 2026
DNB will publish its results for the fourth quarter of 2025 on Wednesday, 4 February 2026 at 7:30 CET.
9:30 CET: Presentation
CEO Kjerstin Braathen and CFO Rasmus Figenschou present the results at a live streamed presentation. It will be possible to ask questions online and a broadcast will be available on the Investor Relations pages at ir.dnb.no. It will also be possible to physically attend the presentation at DNB's head office in Bjørvika, Dronning Eufemias gate 30. Please register your attendance in Oslo, at [email protected]. For media, please register at [email protected].
13:30 CET: Conference call for analysts and investors
Call-in details: Norway +47 800 19 458, UK-Wide +44 (0) 33 0551 0200, US +1 786 697 3501. Password: DNB Q4. Please join the call early to allow the operator to transfer you into the call by the scheduled start time.
The conference call (listen-only mode) and a recording of this will be available on the Investor Relations pages at ir.dnb.no.
For further information, please contact:
Investor contact:
Rune Helland, Head of Investor Relations, tel.: +47 23 26 84 00 / +47 97 71 32 50
Media contact:
Liselotte Lunde, Executive Vice President of Communications, tel: +47 95 94 92 35
This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.
DNB Bank ASA's share buy-back programme has been completed
DNB Bank ASA's share buy-back programme has been completed
DNB Bank ASA (“DNB”) has completed the share buy-back programme announced on 22 October 2025.
A total of 9,752,192 shares, which equals 0.66 percent of the shares in the company, were purchased on trading venues, for a total consideration of NOK 2,642 million. The average price paid per share was NOK 270.87. Following this, DNB owns a total of 19,504,384 own shares, which equals 1.32 percent of the shares in the company. A proposal for the cancellation of these shares will be submitted to the next Annual General Meeting.
At the same meeting it will also be proposed to redeem 10,047,713 shares, which equals 0.68 percent of the shares in the company, from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries (“NFD”). The purpose of this is to ensure that NFD’s ownership interest of 34 percent remains unchanged. NFD will receive a total consideration of NOK 2,707 million and an interest compensation.
Please see the stock exchange announcement published on 22 October 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.
DNB Bank ASA - status of share buy-back programme after week 5 2026
DNB Bank ASA - status of share buy-back programme after week 5 2026
On 22 October 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 20 February 2026, and a proposal to cancel the shares will be submitted to the next Annual General Meeting. 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 4,433 million.
During week 5 of 2026, DNB purchased 479,999 own shares at an average price of NOK 280.4982 per share. Following this, DNB has purchased a total of 9,752,192 own shares under the current buy-back programme, corresponding to 0.66 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 shares | Average price (NOK) | Total transaction value (NOK) |
| 26.01.2026 | 132,359 | 280.4772 | 37,123,682 |
| 27.01.2026 | 148,394 | 283.0297 | 41,999,909 |
| 28.01.2026 | 150,000 | 279.2740 | 41,891,100 |
| 29.01.2026 | 49,246 | 276.6552 | 13,624,162 |
| Previously announced buy-backs under the programme | 9,272,193 | 270.3696 | 2,506,919,149 |
| Total buy-backs made under the programme | 9,752,192 | 270.8681 | 2,641,558,002 |
Please see the stock exchange announcement published on 22 October 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.
DNB Bank ASA - status of share buy-back programme after week 4 2026
DNB Bank ASA - status of share buy-back programme after week 4 2026
On 22 October 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 20 February 2026, and a proposal to cancel the shares will be submitted to the next Annual General Meeting. 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 4,433 million.
During week 4 of 2026, DNB purchased 731,995 own shares at an average price of NOK 278.4997 per share. Following this, DNB has purchased a total of 9,272,193 own shares under the current buy-back programme, corresponding to 0.62 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 shares | Average price (NOK) | Total transaction value (NOK) |
| 19.01.2026 | 159 995 | 278,4081 | 44 543 904 |
| 20.01.2026 | 123 229 | 277,5254 | 34 199 178 |
| 21.01.2026 | 150 000 | 276,0028 | 41 400 420 |
| 22.01.2026 | 150 000 | 281,1675 | 42 175 125 |
| 23.01.2026 | 148 771 | 279,2331 | 41 541 788 |
| Previously announced buy-backs under the programme | 8 540 198 | 269,6728 | 2 303 058 735 |
| Total buy-backs made under the programme | 9 272 193 | 270,3696 | 2 506 919 149 |
Please see the stock exchange announcement published on 22 October 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.
DNB Bank ASA - completion of separation of DNB Finans and associated capital increase
DNB Bank ASA - completion of separation of DNB Finans and associated capital increase
Reference is made to the stock exchange notice of 22 January 2026, where it was announced that DNB Bank ASA will separate the business area DNB Finans into a wholly owned subsidiary, which will be named DNB Finans AS. The separation will be carried out through three separate transactions. It was further announced that the first transaction had been completed, specifically that DNB Finans had been demerged into Godskipet 9 AS. At the same time, the share capital of DNB Bank ASA was reduced from NOK 18,470,062,312.50 to NOK 17,136,607,277.50.
The next transaction was completed on 24 January 2026. Specifically, Godskipet 9 AS was merged into Godskipet 8 AS. By the merger, the share capital of DNB Bank ASA was increased back to NOK 18,470,062,312.50, so that the total share capital remains unchanged by the transactions. The number of shares will remain 1,477,604,985. The capital reduction and subsequent capital increase were carried out to ensure that DNB Finans AS becomes a wholly owned subsidiary of DNB Bank ASA.
The only remaining step is the merger of Godskipet 8 AS into Eksportfinans AS, which is a credit institution with the required licenses to operate the business of DNB Finans. Eksportfinans AS will simultaneously change its name to DNB Finans AS. This merger is expected to be completed shortly.
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 Section 5-12 of the Norwegian Securities Trading Act.