DNB ASA – Share buy-back status after week 7

During week 7, DNB ASA has purchased 1 960 000 own shares at an average price of NOK 156.99 per share. After this, DNB ASA owns a total of 15 575 102 own shares.

The repurchase of shares is part of the new share buy-back programme announced by DNB ASA on 1 February 2018. The buy-back programme comprises up to approximately 8.1 millon shares, of which up to approximately 5.4 million will 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 2018, so that its 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 notification made on 1 February 2018 (available from www.newsweb.no).

For further information, please contact:

Investor contacts:
Rune Helland, head of Investor Relations, tel. (+47) 23 26 84 00 / ( 47) 977 13 250
Amra Koluder, SVP Investor Relations, tel. (+47) 23 26 84 08 / ( 47) 977 35 378

Media contact:
Thomas Midteide, head of Media & Marketing, tel. (+47) 962 32 017

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

About Us

DNB is Norway's largest financial services group and offers financial products and services, including loans and deposits, mutual funds and asset management, life insurance and pension savings, payment and financing services, real estate broking and services related to the money and capital markets.