Norsk Hydro: Status share buyback program

Rhea-AI Summary

Norsk Hydro ASA has completed a significant share buyback program from September 23, 2022, to March 10, 2023. During this period, the company bought back a total of 18,268,564 shares, with an average price of 71.97 NOK, amounting to a total transaction value of 1,314,799,953 NOK. Post-buyback, Norsk Hydro ASA now owns 34,720,967 shares, representing 1.68% of its share capital. The initiative aims to enhance shareholder value and reflects the company's confident outlook.

Positive

• Total shares bought back: 18,268,564
• Average buyback price: 71.97 NOK
• Total value of transactions: 1,314,799,953 NOK
• Increased ownership to 34,720,967 shares (1.68% of share capital)

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)
07.03.2023	213 000	80.23	17 089 672
08.03.2023	216 000	79.26	17 119 166
09.03.2023	218 000	78.39	17 089 478
10.03.2023	222 564	76.50	17 027 059
Previous transactions	17 399 000
Total transaction under the program	18 268 564	71.97	1 314 799 953

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 34 720 967 shares, corresponding to 1.68% 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 10 03 2023

FAQ

What was the total number of shares bought back by Norsk Hydro ASA?

Norsk Hydro ASA bought back a total of 18,268,564 shares during the buyback program.

What was the average price per share during the buyback program?

The average price per share during the buyback program was 71.97 NOK.

What is the total value of the shares bought back by Norsk Hydro ASA?

The total value of the shares bought back by Norsk Hydro ASA was 1,314,799,953 NOK.

How much of Norsk Hydro ASA's share capital does the company own after the buyback?

After the buyback, Norsk Hydro ASA owns 34,720,967 shares, which corresponds to 1.68% of its share capital.

When did Norsk Hydro ASA announce the share buyback program?

Norsk Hydro ASA announced the share buyback program on September 23, 2022.

When did the Norsk Hydro ASA share buyback program end?

The share buyback program for Norsk Hydro ASA ended on March 10, 2023.