Reminder: Invitation to DNB's first quarter presentation, Tuesday, 23 April 2024

Reminder: Invitation to DNB's first quarter presentation, Tuesday, 23 April 2024

DNB will publish its results for the first quarter of 2024 on Tuesday, 23 April 2024 at 7:30 CET.

9:30 CET: Presentation

CEO Kjerstin Braathen and CFO Ida Lerner 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 21 56 33 18, UK-Wide +44 (0) 33 0551 0200, US +1 786 697 3501. Password: DNB Q1. 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: Even Westerveld, Group Executive Vice President, Communication & Sustainability, tel.: (+47) 40 01 67 44

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

Invitation to DNB's first quarter presentation, Tuesday, 23 April 2024

Invitation to DNB's first quarter presentation, Tuesday, 23 April 2024

DNB will publish its results for the first quarter of 2024 on Tuesday, 23 April 2024 at 7:30 CET.

9:30 CET: Presentation

CEO Kjerstin Braathen and CFO Ida Lerner 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 21 56 33 18, UK-Wide +44 (0) 33 0551 0200, US +1 786 697 3501. Password: DNB Q1. 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: Even Westerveld, Group Executive Vice President, Communication & Sustainability, tel.: (+47) 40 01 67 44

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

Notice of DNB Bank ASA's Annual General Meeting for 2024

Notice of DNB Bank ASA's Annual General Meeting for 2024

Shareholders in DNB Bank ASA are invited to attend the Annual General Meeting to be held on Monday 29 April 2024 at 15:00. The Annual General Meeting will be held at DNB’s premises in Oslo, with the possibility of digital participation for those who wish. 

The notice and a guidance for digital attendance are enclosed. The remainder of the documents are available on www.dnb.no/en/agm.

For further information, please contact:
Investor contact
Rune Helland, Head of Investor Relations, tel. (+47) 232 68 400 / (+47) 977 13 250 

Media contact
Even Westerveld, Group Executive Vice President, Communication & Sustainability, tel. (+47) 400 16 744

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

Basis swap and AT1 impact Q1 2024

Basis swap and AT1 impact Q1 2024

In the first quarter of 2024, the DNB Group will recognise a negative mark-to-market effect of NOK 240 million from basis swaps connected to funding. Furthermore, a positive effect of NOK 543 million from the USD and SEK Additional Tier 1 capital will also be recognised. The effects will appear under Net gains on financial instruments at fair value in our financial statement.

For further information, please contact:
Rune Helland, Head of Investor Relations, tel.: (+47) 23 26 84 00 / (+47) 97 71 32 50

DNB's Annual Report for 2023 is published today

DNB's Annual Report for 2023 is published today

The DNB Group's Annual Report, including Sustainability report and Pillar 3 report for 2023, are published today on DNB's website ir.dnb.no.

For further information:

Investor contacts:
Rune Helland, Head of Investor Relations, tel. (+47) 23 26 84 00 / (+47) 977 13 250
Thor Tellefsen, Head of Long-Term Funding, tel. (+47) 915 44 385

Media contact:
Øystein Kløvstad Langberg, Executive Vice President of Communications, tel: (+47) 98 04 88 25

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 December 2023.

A total of 7,635,935 shares, which equals 0.495 percent of the shares in the company, were purchased on trading venues, for a total consideration of approximately NOK 1.603 billion. The average price paid per share was NOK 209.99. Following this, DNB owns a total of 33,054,725 own shares, which equals 2.143 percent of the shares in the company. A proposal will be made at the Annual General Meeting in 2024 to cancel all these shares.

At the same meeting it will also be proposed to redeem 17,028,192 shares, which equals 1.104 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 approximately NOK 3.576 billion and an interest compensation.

Please see the stock exchange announcement published on 22 December 2023, which is available at www.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 9 2024

DNB Bank ASA - status of share buy-back programme after week 9 2024

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11,569,599 shares.

Up to 7,635,935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3,933,664 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 2.5 billion.

During week 9 of 2024, DNB purchased 725,768 own shares at an average price of NOK 210.6003 per share. Following this, DNB has purchased a total of 7,635,935 own shares under the current buy-back programme, corresponding to 0.50 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)
26/02 155,000 207.9923 32,238,806.50
27/02 155,000 208.5692 32,328,226.00
28/02 154,768 211.0811 32,668,599.68
29/02 156,000 212.3265 33,122,934.00
01/03 105,000 214.1752 22,488,396.00
Previously announced buy-backs under the programme 6,910,167 209.9254 1,450,619,896.94
Total buy-backs made under the programme 7,635,935 209.9896 1,603,466,859.12

Please see the stock exchange announcement published on 22 December 2023, which is available at www.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.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

DNB Bank ASA - status of share buy-back programme after week 8 2024

DNB Bank ASA - status of share buy-back programme after week 8 2024

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11 569 599 shares.

Up to 7 635 935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3 933 664 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 2.5 billion.

During week 8 of 2024, DNB purchased 769,232 own shares at an average price of NOK 206.5433 per share. Following this, DNB has purchased a total of 6,910,167 own shares under the current buy-back programme, corresponding to 0.46 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)
19/02 154,270 206.9398 31,924,602.95
20/02 150,730 207.6585 31,300,365.71
21/02 154,232 206.1629 31,796,916.39
22/02 155,000 205.4817 31,849,663.50
23/02 155,000 206.5045 32,008,197.50
Previously announced buy-backs under the programme 6,140,935 210.3491 1,291,740,150.89
Total buy-backs made under the programme 6,910,167 209.9254 1,450,619,896.94

Please see the stock exchange announcement published on 22 December 2023, which is available at www.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.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.

DNB Bank ASA - status of share buy-back programme after week 7 2024

DNB Bank ASA - status of share buy-back programme after week 7 2024

On 22 December 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 0.75 percent of the company’s own shares, which represents a total of 11 569 599 shares.

Up to 7 635 935 shares will be purchased on trading venues by 8 March 2024, and a proposal to cancel the shares will be made at the Annual General Meeting in 2024. At the same meeting it will also be proposed to redeem the remaining shares – up to 3 933 664 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 2.5 billion.

During week 7 of 2024, DNB purchased 769,126 own shares at an average price of NOK 203.4642 per share. Following this, DNB has purchased a total of 6,140,935 own shares under the current buy-back programme, corresponding to 0.40 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)
12/02 154,126 201.4246 31,044,767.90
13/02 150,000 202.0864 30,312,960.00
14/02 155,000 204.2832 31,663,896.00
15/02 155,000 204.0375 31,625,812.50
16/02 155,000 205.4336 31,842,208.00
Previously announced buy-backs under the programme 5,371,809 211.3349 1,135,250,506.49
Total buy-backs made under the programme 6,140,935 210.3491 1,291,740,150.89

Please see the stock exchange announcement published on 22 December 2023, which is available at www.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.

Attachment: An overview of all buy-backs made this week is enclosed with this announcement and available at www.newsweb.oslobors.no.