Norsk Hydro A S Stock Price, News & Analysis

Norsk Hydro ASA (NHYDY) announced that its shares will trade ex-dividend starting May 12, 2025. The dividend amount is set at NOK 2.25 per share. This means that investors who purchase the stock on or after this date will not be eligible to receive this declared dividend payment.

Norsk Hydro ASA (NHYDY) has announced changes to its Board of Directors following its Annual General Meeting on May 9, 2025. Kim Wahl was elected as a new board member for a term of up to two years, until the 2027 Annual General Meeting. Additionally, four employee representatives - Arve Baade, Margunn Sundve, Bjørn Petter Moxnes, and Ellen Merete Olstad - were elected on April 29, 2025, for two-year terms.

Following these elections and a constituting Board meeting, the complete Board of Directors now consists of 11 members, with Rune Bjerke serving as chair and Kristin Fejerskov Kragseth as deputy chair.

Norsk Hydro ASA (NHYDY) held its Annual General Meeting on May 9, 2025, where shareholders approved all Board proposals. Key decisions include:

- A dividend of NOK 2.25 per share, payable on May 20, 2025, to shareholders of record as of May 13, 2025
- Approval of a capital reduction through cancellation of own shares and redemption of shares held by the Norwegian State
- Shares will trade ex-dividend from May 12, 2025

Two shareholder proposals were presented but not adopted at the meeting. The meeting minutes are available on hydro.com/generalmeeting.

Norsk Hydro reported strong Q1 2025 financial results with adjusted EBITDA of NOK 9,516 million, up from NOK 5,411 million year-over-year. The improvement was driven by higher alumina and aluminum prices, plus positive currency effects.

Key highlights:

• Free cash flow: NOK 1.3 billion
• Return on Capital Employed: 10.7%
• Global aluminum consumption: Up 1.5% year-over-year
• Major investment: NOK 1.65 billion in new wire rod casthouse at Karmøy

The company faces market challenges including weak downstream demand and compressed recycling margins in Europe and North America. In response, Hydro is implementing cost-cutting measures and portfolio optimization. A significant EUR 1 billion contract was signed with NKT for low-carbon aluminum supply. Despite U.S. trade uncertainties, Hydro's direct exposure to aluminum tariffs remains limited due to domestic sourcing and pass-through pricing strategies.

Norsk Hydro (NHYDY) has announced share allocations to its Executive Leadership Team through two programs. Under the Long-Term Incentive (LTI) plan, executives received shares at NOK 66.86 per share, with a maximum remuneration of 30% of annual base salary. The LTI is based on two metrics: Hydro's three-year average adjusted RoaCE and Total Shareholder Return relative to peers.

Additionally, Norwegian employees were offered to purchase shares valued at NOK 14,976.64 with a 50% discount at NOK 33.43 per share. Notable allocations include CEO Eivind Kallevik receiving 13,507 LTI shares and 224 employee shares, bringing his total holding to 111,605 shares. Other executives like Paul Warton (EVP, Hydro Extrusions) received 16,840 LTI shares, while John Thuestad (EVP, Bauxite & Alumina) received 13,828 shares.

Norsk Hydro (NHYDY) has announced the release of its first quarter 2025 results, scheduled for April 29, 2025, at 07:00 CEST. The quarterly report and presentation will be simultaneously published on hydro.com.

A webinar will be hosted at 08:30 CEST by President and CEO Eivind Kallevik and Executive Vice President and CFO Trond Olaf Christophersen, featuring a Q&A session following the presentation. The event will be conducted entirely online through the Livestorm platform, with no physical presentation or press conference planned.

Norsk Hydro ASA (NHYDY) has announced its Annual General Meeting (AGM) for 2025, scheduled for Friday, May 9, 2025, at 10:00 (CEST). The meeting will be conducted exclusively in a digital format through Lumi AGM platform.

Shareholders can participate through three options: digital attendance, advance voting, or proxy assignment. The company has provided a comprehensive guide for online participation and all relevant documentation is available on hydro.com/generalmeeting.

The notice includes several appendices covering important documents such as the Annual Report, share capital reduction details, 2024 executive remuneration report, proposed amendments to Articles of Association, Nomination Committee recommendations, and shareholder proposals from Ivar Saetre and Albert Berveling.

Norsk Hydro (NHYDY) has announced the release of its first quarter 2025 results, scheduled for April 29, 2025, at 07:00 CEST. The quarterly report and presentation materials will be simultaneously published on hydro.com.

A webinar presentation will be hosted at 08:30 CEST by President and CEO Eivind Kallevik and Executive Vice President and CFO Trond Olaf Christophersen, followed by a Q&A session. The event will be conducted entirely online through the Livestorm platform, with no physical presentation or press conference planned.

Norsk Hydro ASA (NHYDY) has reported that Board Member Jane Toogood has purchased 1,000 shares of the company on March 25, 2025, at a price of GBP 4.95 per share. This transaction represents Toogood's entire holding in the company, as indicated by the new holding amount of 1,000 shares.