DNB ASA – Share buy-back status after week 5 and 6
During week 5 and 6, DNB ASA has purchased 2 865 034 own shares at an average price of NOK 154.53 per share. After this, DNB ASA owns a total of 13 615 102 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 Corporate Communications, tel. ( 47) 962 32 017