Stock and press releases

DNB's stock and press releases

2020

DNB ASA - Share buy-back programme ended as AGM approaches

DNB ASA - Share buy-back programme ended as AGM approaches

DNB ASA has ended its share buy-back programme as we prepare for the upcoming annual general meeting. The programme was announced on 24 October 2019, and subsequently amended by an announcement on 20 November 2019, 12 December 2019 and 6 February 2020. A total of 19.8 million shares were repurchased in the open market, in addition a total of 10.2 million shares will be redeemed from the state of Norway, subject to approval from DNB ASA's annual general meeting in 2020, so that its ownership interest in DNB ASA of 34.00 % will remain unaffected following completion of the buy-back programme. The weighted average purchase/redemption price for the 19.8 million shares is NOK 159.70.

After this, DNB ASA owns a total of 19 758 000 own shares.

The 29 936 364 shares comprised by the share buy-back programme will be cancelled subject to approval by the annual general meeting in 2020, whereby the total number of DNB ASA's registered shares will be reduced by 1.89% from today's 1 580 301 385.

For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notification made on 20 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).  

DNB ASA - Share buy-back status after week 10

DNB ASA - Share buy-back status after week 10

During week 10 2020, DNB ASA has purchased 2 412 000 own shares at an average price of NOK 154.62 per share. After this, DNB ASA owns a total of 17 832 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 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 notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

DNB ASA - Share buy-back status after week 9

DNB ASA - Share buy-back status after week 9

During week 9 2020, DNB ASA has purchased 1 904 000 own shares at an average price of NOK 165.65 per share. After this, DNB ASA owns a total of 15 420 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 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 notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

DNB ASA - Share buy-back status after week 8

DNB ASA - Share buy-back status after week 8

During week 8 2020, DNB ASA has purchased 970 000 own shares at an average price of NOK 175.78 per share. After this, DNB ASA owns a total of 13 516 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 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 notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.

DNB ASA - Share buy-back status after week 7

DNB ASA - Share buy-back status after week 7

During week 7 2020, DNB ASA has purchased 1 212 000 own shares at an average price of NOK 174.32 per share. After this, DNB ASA owns a total of 12 546 000 own shares.

The repurchase of shares is part of the share buy-back programme announced by DNB ASA on 24 October 2019, as subsequently amended by an announcement on 20 November, 12 December 2019 and 6 February 2020. The share buy-back programme comprises up to approximately 31.6 million shares, of which up to approximately 20.9 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 notifications made on 24 October, 20 November, 12 December 2019 and 6 February 2020 (available from www.newsweb.no).

This information is subject to the disclosure requirements according to Section 5-12 of the Norwegian Securities Trading Act.