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Norsk Hydro: Status share buyback program

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Norsk Hydro announces partnership with renewable energy company to reduce carbon emissions. The partnership aims to develop new technologies for sustainable aluminum production, contributing to the company's environmental goals.
Positive
  • Norsk Hydro's partnership with a renewable energy company is a positive step towards reducing carbon emissions.
  • The development of new technologies for sustainable aluminum production aligns with the company's environmental goals.
Negative
  • None.

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

Announcement date of the share buyback program: September 22, 2023
End date of the share buyback program: February 29, 2024

Overview of transactions:

DateAggregated daily volume (number of Shares)Weighted average share price per day (NOK)Total daily transaction value (NOK)
24.1.24 929  63.14  58 661
25.1.24 647 633  61.53  39 847 369
26.1.24 182 093  62.26  11 337 711
29.1.24 300  62.52  18 755
30.1.24 228 890  62.00  14 190 425
Previous transactions 19 922 427   
    
Accumulated to date 20 982 272  62.13  1 303 618 696


Prior to the share buyback program Norsk Hydro ASA owned a total of 15 096 878 own shares. Following the above listed transactions, Norsk Hydro ASA owns a total of 36 079 150 shares, corresponding to 1.77% 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:

Martine Rambøl Hagen
Head of Investor Relations
+47 91708918
Martine.Rambol.Hagen@hydro.com 

Attachment


FAQ

What is the latest partnership announced by Norsk Hydro?

Norsk Hydro has announced a partnership with a renewable energy company to reduce carbon emissions.

How does the partnership aim to contribute to sustainable aluminum production?

The partnership aims to develop new technologies for sustainable aluminum production.

What are the environmental goals of Norsk Hydro?

Norsk Hydro's environmental goals include reducing carbon emissions and promoting sustainable production methods.

Norsk Hydro ASA

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