Norsk Hydro: Status share buyback program

Rhea-AI Summary

Norsk Hydro ASA announced the conclusion of its share buyback program, initiated on September 23, 2022, and concluding on March 10, 2023. The program resulted in the purchase of 15,213,000 shares at an average price of 70.70 NOK, totaling 1,075,504,696 NOK. Prior to the program, the company held 16,452,403 shares, which increased to 31,665,403 shares, representing 1.53% of its share capital. This strategic move is aimed at enhancing shareholder value.

Positive

• Completed buyback of 15,213,000 shares, enhancing shareholder value.
• Increased ownership from 16,452,403 shares to 31,665,403 shares.

Negative

• None.

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

Announcement date of the share buyback program: September 23, 2022

End date of the share buyback program: March 10, 2023

Overview of transactions:

Date	Aggregate daily volume (no. of shares)	Average price (NOK)	Total transaction value (NOK)
14.02.2023	222 000	76.31	16 941 175
15.02.2023	219 000	75.75	16 588 834
16.02.2023	224 000	76.40	17 114 339
17.02.2023	220 000	77.51	17 051 826
20.02.2023	213 000	79.75	16 986 494
Previous transactions	14 115 000
Total transaction under the program	15 213 000	70.70	1 075 504 696

Prior to the share buyback program Norsk Hydro ASA owned a total of 16 452 403 own shares. Following the above listed transactions, Norsk Hydro ASA owns a total of 31 665 403 shares, corresponding to 1.53% 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.

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.

Investor contact:
Line Haugetraa
Head of Investor Relations
+47 41406376
Line.haugetraa@hydro.com

Attachment

• NHY Share buyback 20 02 2023

FAQ

What is the total value of the share buyback for NHYDY?

The total value of the share buyback for Norsk Hydro ASA is 1,075,504,696 NOK.

When was the NHYDY share buyback program announced?

The share buyback program for NHYDY was announced on September 23, 2022.

How many shares did NHYDY buy back?

Norsk Hydro ASA bought back a total of 15,213,000 shares during the buyback program.

What is the average buyback price for NHYDY shares?

The average buyback price for NHYDY shares was 70.70 NOK.

What percentage of share capital does NHYDY now own after the buyback?

After the buyback, Norsk Hydro ASA owns 1.53% of its share capital.