DNB Bank ASA - status of share buy-back programme after week 37 2023

DNB Bank ASA - status of share buy-back programme after week 37 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 37 of 2023, DNB purchased 1,249,116 own shares at an average price of NOK 214.3770 per share. Following this, DNB owns a total of 9,623,870 own shares, 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)
11/9 249,934 210.4303 52,593,686.60
12/9 250,000 212.5560 53,139,000.00
13/9 250,000 214.1425 53,535,625.00
14/9 249,572 215.9918 53,905,505.51
15/9 249,610 218.7730 54,607,928.53
Previously announced buy-backs under the programme 8,374,754 208.8413 1,748,994,324.81
Total buy-backs made under the programme 9,623,870 209.5598 2,016,776,070.45

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 36 2023

DNB Bank ASA - status of share buy-back programme after week 36 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 36 of 2023, DNB purchased 1,154,357 own shares at an average price of NOK 210.5872 per share. Following this, DNB owns a total of 8,374,754 own shares, corresponding to 0,54 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)
4/9/23 245,000 211.1845 51,740,202.50
5/9/23 245,000 211.3779 51,787,585.50
6/9/23 245,000 210.1691 51,491,429.50
7/9/23 245,000 210.6148 51,600,626.00
8/9/23 174,357 209.4152 36,513,006.03
Previously announced buy-backs under the programme 7,220,397 208.5566 1,505,861,475.28
Total buy-backs made under the programme 8,374,754 210.5872 1,748,954,325

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 35 2023

DNB Bank ASA - status of share buy-back programme after week 35 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 35 of 2023, DNB purchased 1,125,000 own shares at an average price of NOK 211.3722 per share. Following this, DNB owns a total of 7,220,397 own shares, corresponding to 0.47 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)
28/8/23 225,000 212.2528 47,756,880.00
29/8/23 225,000 211.6188 47,614,230.00
30/8/23 225,000 211.3453 47,552,692.50
31/8/23 225,000 210.6347 47,392,807.50
1/9/23 225,000 211.0095 47,477,137.50
Previously announced buy-backs under the programme 6,095,397 208.0369 1,268,067,727.78
Total buy-backs made under the programme 7,220,397 208.5566 1,505,861,475.28

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 increases interest rates on home mortgages and deposits

DNB increases interest rates on home mortgages and deposits

"On the basis of Norges Banks's decision at the monetary policy meeting on 17 August to raise the key policy rate by 0.25 percentage points, DNB has decided to increase the interest rate on home mortgages and deposits by up to 0.25 percentage points," says Ingjerd Blekeli Spiten, head of Personal Banking in DNB.

In DNB, we want to help young people enter the housing market, and customers who are buying their first home will therefore be given our best floating interest rate of 5.04 per cent. The interest rate for deposits in the BSU home savings scheme for young people will be 6.10 per cent.

We have also strengthened our advisory services targeting this customer group.

All customers whose interest rates are adjusted will be given information in the online bank or recieve a letter by post, explaining how this will affect them. The new interest rates will apply from 22 August for new mortgages and deposits, and from 22 October for existing mortgages and deposits.

For further information:

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

Kari Vartdal Riise, Executive Vice President of Communications (acting), tel.: (+47) 97 51 67 07

DNB Bank ASA - status of share buy-back programme after week 34 2023

DNB Bank ASA - status of share buy-back programme after week 34 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares.

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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.

During week 34 of 2023, DNB purchased 1,125,000 own shares at an average price of NOK 210.3638 per share. Following this, DNB owns a total of 6,095,397 own shares, 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)
21/8/23 225,000 210.5351 47,370,391.50
22/8/23 225,000 210.4887 47,359,957.50
23/8/23 225,000 209.2978 47,092,005.00
24/8/23 225,000 210.5402 47,371,545.00
25/8/23 225,000 210.9570 47,465,325.00
Previously announced buy-backs under the programme 4,970,397 207.5103 1,031,408,497.78
Total buy-backs made under the programme 6,095,397 208.0369 1,268,067,727.78

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 33 2023

DNB Bank ASA - status of share buy-back programme after week 33 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 33 of 2023, DNB purchased 1,024,611 own shares at an average price of NOK 211.1747 per share. Following this, DNB owns a total of 4,970,397 own shares, corresponding to 0.32 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)
14/8/23 225,000 212.1797 47 740 432,50
15/8/23 225,000 211.3039 47 543 377,50
16/8/23 225,000 211.0248 47 480 580,00
17/8/23 225,000 211.0655 47 489 737,50
18/8/23 124,611 209.5949 26,117,830.08
Previously announced buy-backs under the programme 3,945,786 206.5587 815,036,540.20
Total buy-backs made under the programme 4,970,397 207.5103 1,031,408,497.78

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 32 2023

DNB Bank ASA - status of share buy-back programme after week 32 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 32 of 2023, DNB purchased 1,125,000 own shares at an average price of NOK 208.7250 per share. Following this, DNB owns a total of 3,945,786 own shares, corresponding to 0.26 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)
7/8/23 225,000 208.3694 46,883,115.00
8/8/23 225,000 206.4370 46,448,325.00
9/8/23 225,000 207.1685 46,612,912.50
10/8/23 225,000 209.6188 47,164,230.00
11/8/23 225,000 212.0315 47,707,087.50
Previously announced buy-backs under the programme 2,820,786 205.6947 580,220,870.20
Total buy-backs made under the programme 3,945,786 206.5587 815,036,540.20

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 31 2023

DNB Bank ASA - status of share buy-back programme after week 31 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 31 of 2023, DNB purchased 1,044,372 own shares at an average price of NOK 207.6208 per share. Following this, DNB owns a total of 2,820,786 own shares, corresponding to 0.18 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)
31/7/23 144,372 208.6134 30,117,933.78
1/8/23 225,000 208.3908 46,887,930.00
2/8/23 225,000 206.4934 46,461,015.00
3/8/23 225,000 206.4684 46,455,390.00
4/8/23 225,000 208.4935 46,911,031.00
Previously announced buy-backs under the programme 1,776,414 204.5624 363,387,563.91
Total buy-backs made under the programme 2,820,786 205.6947 580,220,870.20

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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 30 2023

DNB Bank ASA - status of share buy-back programme after week 30 2023

On 17 July 2023, DNB Bank ASA (“DNB”) announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company’s own shares, which represents a total of 23,139,197 shares. 

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares – up to 7,867,327 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. 

During week 30 of 2023, DNB purchased 651,414 own shares at an average price of NOK 207.1804 per share. Following this, DNB owns a total of 1,776,414 own shares, corresponding to 0.12 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)
24/7/23 114,326 206.7392 23,635,665.78
25/7/23 188,753 207.4686 39,160,320.66
26/7/23 139,488 205.6595 28,687,032.34
27/7/23 99,760 207.7077 20,720,920.15
28/7/23 109,087 208.6068 22,756,289.99
Previously announced buy-backs under the programme 1,125,000 203.0465 228,427,335.00
Total buy-backs made under the programme 1,776,414 204.5624 363,387,563.91

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no. 

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. 

Correction: DNB Bank ASA - status of share buy-back programme after week 29 2023

Correction: DNB Bank ASA - status of share buy-back programme after week 29 2023

On 17 July 2023, DNB Bank ASA ("DNB") announced that the company has decided to initiate a share buy-back programme comprising up to 1.5 percent of the company's own shares, which represents a total of 23,139,197 shares.

Up to 15,271,870 shares will be bought back on trading venues by 18 October 2023, and a proposal will be made at the Annual General Meeting in 2024 to cancel the shares. At the same meeting it will also be proposed to redeem the remaining shares - up to 7,867,327 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.

During week 29 of 2023, DNB purchased 1,125,000 own shares at an average price of NOK 203.0465 per share. Following this, DNB owns a total of 1,125,000 own shares, corresponding to 0.07 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)
17/7/23 225,000 200.5380 45,121,050.00
18/7/23 225,000 201.5517 45,349,132.50
19/7/23 225,000 202.9486 45,663,435.00
20/7/23 225,000 203.5281 45,793,822.50
21/7/23 225,000 206.6662 46,499,895.00
Previously announced buy-backs under the programme
Total buy-backs made under the programme 1,125,000 203.0465 228,427,335.00

For more information about the buy-back programme, please see the stock exchange announcement that was published on 17 July 2023, which is available at www.newsweb.oslobors.no.

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.