Norsk Hydro: Status share buyback program

Rhea-AI Summary

Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Between December 4-10, 2024, the company purchased a total of 1,334,921 shares at prices ranging from NOK 66.96 to NOK 69.12. The accumulated volume under the program to date is 12,679,235 shares at an average price of NOK 66.65, totaling NOK 845,084,634. Following these transactions, Norsk Hydro owns 26,761,740 shares, representing 1.33% of its share capital.

Positive

• Significant share buyback program demonstrates confidence in company value
• Accumulated buyback of 12.68M shares worth NOK 845.08M shows strong execution
• Company has increased ownership to 1.33% of share capital

Negative

• Average share price shows slight declining trend during reported period (NOK 69.12 to NOK 66.96)

Please see below information about transactions made under the share buyback program for Norsk Hydro ASA.

Announcement date of the share buyback program: September 11, 2024

End date of the share buyback program: February 28, 2025

Overview of transactions:

Date	Aggregated daily volume (number of Shares)	Weighted average share price per day (NOK)	Total daily transaction value (NOK)
04/12/2024	34 921	69.12	2 413 813
05/12/2024	-	-	-
06/12/2024	600 000	67.77	40 661 880
09/12/2024	200 000	67.85	13 570 700
10/12/2024	500 000	66.96	33 477 650
Previous Transactions	11 344 314
Accumulated to date	12 679 235	66.65	845 084 634

Prior to the share buyback program Norsk Hydro ASA owned a total of 14 082 505 own shares. Following the above listed transactions, Norsk Hydro ASA owns a total of 26 761 740 shares, corresponding to 1.33% of Norsk Hydro ASA's share capital.

Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no.

Investor contact:

Martine Rambøl Hagen

Head of Investor Relations

+47 91708918

Martine.Rambol.Hagen@hydro.com

This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Attachment

• 101224_Norsk Hydro_Share Buyback Tracker

FAQ

When will Norsk Hydro's (NHYDY) current share buyback program end?

Norsk Hydro's current share buyback program is scheduled to end on February 28, 2025.

How many shares has Norsk Hydro (NHYDY) bought back under the current program?

As of the latest update, Norsk Hydro has bought back 12,679,235 shares under the current program.

What is the total value of Norsk Hydro's (NHYDY) share buyback program to date?

The total value of shares bought back under the program to date is NOK 845,084,634.

What percentage of Norsk Hydro (NHYDY) shares does the company now own?

Following the latest transactions, Norsk Hydro owns 26,761,740 shares, corresponding to 1.33% of its share capital.

What was the price range for Norsk Hydro's (NHYDY) share buybacks in December 2024?

In December 2024, Norsk Hydro purchased shares at prices ranging from NOK 66.96 to NOK 69.12 per share.