Novo Nordisk A/S – Share repurchase programme

Bagsvaerd, DENMARK

Bagsværd, Denmark, 2 February 2021 – On 3 November 2020, Novo Nordisk initiated a share repurchase programme in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Rules"). This programme is part of the overall share repurchase programme of up to DKK 17 billion to be executed during a 12-month period beginning 5 February 2020.

Under the programme initiated 3 November 2020, Novo Nordisk has repurchased B shares for an amount up to DKK 2.7 billion in the period from 4 November 2020 to 1 February 2021. The programme is now concluded.

Since the announcement as of 25 January 2021, the following transactions have been made:

 Number of
B shares
purchase price
value, DKK
Accumulated, last announcement5,740,000 2,460,365,140
25 January 2021105,000445.6346,791,293
26 January 2021105,000450.1847,269,322
27 January 2021105,000443.9346,612,585
28 January 2021100,000433.8443,384,212
29 January 2021105,000429.3945,086,138
1 February 2021108,649433.1547,061,801
Accumulated under the programme6,368,649 2,736,570,490

The details for each transaction made under the share repurchase programme are published on

With the transactions stated above, Novo Nordisk owns a total of 39,892,308 B shares of DKK 0.20 as treasury shares, corresponding to 1.7% of the share capital. The total amount of A and B shares in the company is 2,350,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 17 billion during a 12-month period beginning 5 February 2020. As of 1 February 2021, Novo Nordisk has since 5 February 2020 repurchased a total of 39,954,171 B shares at an average share price of DKK 425.49 per B share equal to a transaction value of DKK 16,999,999,960.

Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs about 44,000 people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit, Facebook, Twitter, LinkedIn, YouTube.

Further information

Anne Margrethe Hauge+45 3079
Michael Bachner (US)+1 609 664
Daniel Muusmann Bohsen+45 3075
Valdemar Borum Svarrer+45 3079
Ann Søndermølle Rendbæk+45 3075
Mark Joseph Root+45 3079
Kristoffer Due Berg (US)+1 609 235

Company announcement No 5 / 2020