DNB Bank ASA ("DNB") has completed the share buy-back programme announced on 15 May 2026.
A total of 9,508,388 shares, which equals 0.66 percent of the shares in the company, were purchased on trading venues, for a total consideration of NOK 2,766 million. The average price paid per share was NOK 290.88. A proposal for the cancellation of these shares will be submitted to the next Annual General Meeting.
At the same meeting it will also be proposed to redeem 4,898,260 shares, which equals 0.34 percent of the shares in the company, from the Norwegian Government, represented by the Ministry of Trade, Industry and Fisheries ("NFD"). The purpose of this is to ensure that NFD's ownership interest of 34 percent remains unchanged. NFD will receive a total consideration of NOK 1,425 million and an interest compensation.
Please see the stock exchange announcement published on 15 May 2026, which is available at newsweb.oslobors.no, for more information about the buy-back programme.
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.
More information: Access the news on Oslo Bors NewsWeb site