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”),