20/07-2018 16:44:51: (DNB) DNB ASA - Share buy-back status after week 29
During week 29 2018, DNB ASA has purchased 1 053 000 own shares at an average
price of NOK 156.90 per share. After this, DNB ASA owns a total of 5 776 000 own
shares,in addition to the shares that will be deleted upon completion of the
capital reduction resolved in connection with the share buy-back carried out
prior to the annual general meeting in 2018.
The repurchase of shares is part of the share buy-back programme announced by
DNB ASA on 6 June 2018. The buy-back programme comprises up to approximately
24.1 million shares, of which up to approximately 15.9 million shares may 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 2019, so that its current 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 6 June 2018 (available from
For further information, please contact:
Rune Helland, head of Investor Relations, tel. ( 47) 23 26 84 00 / ( 47) 977 13
This information is subject to the disclosure requirements according to Section
5-12 of the Norwegian Securities Trading Act
Ekstern link: http://www.newsweb.no/index.jsp?messageId=455948
Nyheten er levert av OBI.