STOCK TITAN

Norsk Hydro: Status share buyback program

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
buyback
Rhea-AI Summary
Norsk Hydro announces partnership with renewable energy company for sustainable aluminum production
Positive
  • Norsk Hydro has partnered with renewable energy company to develop sustainable aluminum production
  • This partnership aims to reduce carbon emissions and enhance sustainability in aluminum production
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)
10.1.24 35 000  66.67  2 333 615
11.1.24 202 654  65.85  13 345 009
12.1.24 332 072  64.38  21 378 297
15.1.24 396 035  63.13  25 001 848
16.1.24 820 000  62.48  51 234 338
Previous transactions 14 372 478   
    
Accumulated to date 16 158 239  62.60  1 011 495 754


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 31 255 117 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:

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 for sustainable aluminum production.

How does the partnership aim to reduce carbon emissions?

The partnership aims to reduce carbon emissions by enhancing sustainability in aluminum production through the use of renewable energy.

What is the potential impact of the partnership on Norsk Hydro's business?

The partnership is expected to have a positive impact on Norsk Hydro's business by promoting sustainable practices and reducing environmental impact.

What is the ticker symbol for Norsk Hydro?

The ticker symbol for Norsk Hydro is NHYDY.

Norsk Hydro ASA

OTC:NHYDY

NHYDY Rankings

NHYDY Latest News

NHYDY Stock Data

13.26B
1.30B
0.06%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Oslo