Novo Nordisk A/S - Share repurchase programme
On 31 January 2008 Novo Nordisk initiated its share repurchase
programme in accordance with the provisions of the European
Commission's regulation no. 2273/2003 of 22 December 2003, also
referred to as the Safe Harbour rules.
Under the programme Novo Nordisk will repurchase B shares for an
amount of up to DKK 2 billion in the period from 31 January 2008 to 6
August 2008.
Since the announcement as of 10 March 2008, the following
transactions have been made under the programme:
Number of shares Average purchase Transaction
price value, DKK
Accumulated, last 1,407,907 460,189,198
announcement
10 Mar 2008 50,000 330.1300 16,506,500
11 Mar 2008 50,000 325.1000 16,255,000
12 Mar 2008 50,000 324.2900 16,214,500
13 Mar 2008 50,000 321.6600 16,083,000
14 Mar 2008 50,000 321.2500 16,062,500
Accumulated, 2008 1,657,907 541,310,698
Transactions related to Novo Nordisk's incentive programmes have
resulted in a net sale by Novo Nordisk of 7,000 B shares. The shares
in these transactions were not part of the Safe Harbour repurchase
programme.
With the transactions stated above, Novo Nordisk owns a total of
26,618,090 treasury shares, corresponding to 4.1% of the share
capital. The total amount of shares in the company is 646,960,000
including treasury shares.
Novo Nordisk is a healthcare company and a world leader in diabetes
care. In addition, Novo Nordisk has a leading position within areas
such as haemostasis management, growth hormone therapy and hormone
replacement therapy. Novo Nordisk manufactures and markets
pharmaceutical products and services that make a significant
difference to patients, the medical profession and society. With
headquarters in Denmark, Novo Nordisk employs approximately 26,000
employees in 80 countries, and markets its products in 179 countries.
Novo Nordisk's B shares are listed on the stock exchanges in
Copenhagen and London. Its ADRs are listed on the New York Stock
Exchange under the symbol 'NVO'. For more information, visit
novonordisk.com.
Further information:
Media: Investors:
Outside North America: Outside North America:
Elin K Hansen Mads Veggerby Lausten
Tel: (+45) 4442 3450 Tel: (+45) 4443 7919
ekh@novonordisk.com mlau@novonordisk.com
Hans Rommer
Tel: (+45) 4442 4765
hrmm@novonordisk.com
In North America: In North America:
Sean Clements Christian Qvist Frandsen
Tel: (+1) 609 514 8316 Tel: (+1) 609 919 7937
secl@novonordisk.com cqfr@novonordisk.com
Stock Exchange Announcement no 16 / 2008