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. From October 23-29, 2024, the company purchased 1,216,276 shares at prices ranging from NOK 67.37 to 68.26 per share. Including previous transactions, the company has accumulated 6,750,826 shares under the program at an average price of NOK 65.73. Prior to the program, Norsk Hydro owned 14,082,505 shares, and now holds 20,833,331 shares, representing 1.04% of its total share capital.

Positive

• Executing systematic share buyback program showing confidence in company value
• Accumulated significant ownership position of 1.04% of share capital
• Consistent share repurchases at stable price range

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 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)
23/10/2024	278 000	68.15	18 944 922
24/10/2024	250 000	68.26	17 065 900
25/10/2024	330 000	67.37	22 233 651
28/10/2024	352 746	67.63	23 857 729
29/10/2024	5 530	68.05	376 301
Previous Transactions	5 534 550
Accumulated to date	6 750 826	65.73	443 763 973

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 20 833 331 shares, corresponding to 1.04% 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

• 291024_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 as of October 29, 2024?

As of October 29, 2024, Norsk Hydro has bought back 6,750,826 shares under the current program.

What percentage of shares does Norsk Hydro (NHYDY) own after recent buybacks?

After recent buybacks, Norsk Hydro owns 20,833,331 shares, corresponding to 1.04% of its share capital.

What was the average price paid in Norsk Hydro's (NHYDY) share buyback program?

The average price paid in the share buyback program was NOK 65.73 per share.