DNB Bank ASA’s share buy-back programme has been completed
DNB Bank ASA (“DNB”) has completed the share buy-back programme announced on 9 February 2023.
A total of 5,116,200 shares were bought back on trading venues, at an average price of NOK 201.0339. Following this, DNB owns a total of 5,116,200 own shares – i.e. the same number. A proposal will be made at this year’s Annual General Meeting, which will be held on 25 April 2023, to cancel all these shares.
A proposal will also be made at this year’s Annual General Meeting for 2,635,600 shares to be redeemed from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries, so that its current ownership interest of 34 percent remains unchanged.
For more information about the buy-back programme, please see the stock exchange announcement that was published on 9 February 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.