Norsk Hydro ASA: Registration of share capital reduction

Rhea-AI Summary

Norsk Hydro (NHYDY) has completed the registration of its share capital reduction with the Norwegian Register of Business Enterprises. The reduction involves cancellation of 20,067,969 own shares and redemption and cancellation of 10,458,893 shares held by the Norwegian state, resulting in a total capital reduction of NOK 33,518,494.476.

Following this registration, Hydro's new share capital stands at NOK 2,172,381,071.328, consisting of 1,978,489,136 shares with a nominal value of NOK 1.098 each.

Positive

• Share count reduction through cancellation of 30.5 million shares improves shareholder value
• Completion of capital reduction program demonstrates commitment to shareholder returns

Negative

• Reduction in Norwegian state ownership could potentially affect government support

News Market Reaction

+0.88%

1 alert

+0.88% News Effect

On the day this news was published, NHYDY gained 0.88%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Reference is made to the stock exchange notice by Norsk Hydro ASA ("Hydro") on May 9, 2025, regarding inter alia, the resolution by the annual general meeting to reduce Hydro's share capital by NOK 33,518,494.476 by cancellation of 20,067,969 own shares, and by redemption and cancellation of 10,458,893 shares held by the Norwegian state.

The share capital reduction has now been registered with the Norwegian Register of Business Enterprises. After this, Hydro's new registered share capital is NOK 2,172,381,071.328, divided on a total of 1,978,489,136 shares, each with a nominal value of NOK 1.098. 

Investor contact: 
Elitsa Blessi 
+47 917 75 472
Elitsa.Blessi@hydro.com 

Media contact: 
Anders Vindegg 
+47 938 64 271
Anders.Vindegg@hydro.com  

This information is subject to the disclosure requirements pursuant to Section 5 -12 of the Norwegian Securities Trading Act and the Euronext Rule Book part II. 

Attachment

• Articles of Association of Norsk Hydro ASA per June 2025

FAQ

What is the new share capital of Norsk Hydro (NHYDY) after the reduction?

After the share capital reduction, Norsk Hydro's new registered share capital is NOK 2,172,381,071.328, divided into 1,978,489,136 shares with a nominal value of NOK 1.098 each.

How many shares were cancelled in Norsk Hydro's capital reduction?

A total of 30,526,862 shares were cancelled, consisting of 20,067,969 own shares and 10,458,893 shares held by the Norwegian state.

What was the total amount of Norsk Hydro's share capital reduction?

The total share capital reduction amounted to NOK 33,518,494.476.

When was the share capital reduction of Norsk Hydro (NHYDY) registered?

The share capital reduction was registered with the Norwegian Register of Business Enterprises on June 27, 2025.

How does the share capital reduction affect Norsk Hydro shareholders?

The share capital reduction through cancellation of shares typically benefits shareholders by reducing the total number of outstanding shares, which can increase the value of remaining shares and improve earnings per share.