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Norsk Hydro ASA (NHYDY) is a global leader in sustainable aluminium production and renewable energy integration. This dedicated news hub provides investors and industry stakeholders with essential updates on the company's operational developments, strategic initiatives, and market positioning.
Access curated press releases and analysis covering Hydro's core activities: low-carbon aluminium production, recycling innovations, and decarbonization partnerships. Our repository includes earnings announcements, sustainability progress reports, and operational updates from Hydro's vertically integrated value chain.
Key content categories feature strategic investments in renewable energy systems, advancements in post-consumer aluminium recycling, and operational efficiency improvements. Stay informed about Hydro's initiatives in battery material recovery and energy-efficient smelting technologies through verified primary sources.
Bookmark this page for direct access to NHYDY's official communications and third-party analysis of their market position in green aluminium solutions. Regularly updated content ensures you maintain current awareness of Hydro's progress in sustainable industrial practices.
Norsk Hydro ASA announced the completion of its share buyback program, initially announced on September 23, 2022, and concluded on March 29, 2023. Throughout the program, a total of 11,623,000 shares were repurchased at an average price of NOK 67.95, totaling NOK 789,816,729. Following these transactions, Norsk Hydro now holds 28,075,403 shares, representing 1.36% of its share capital. This move is expected to enhance shareholder value by reducing the number of outstanding shares.
Hydro will release its fourth quarter and annual results for 2022 on February 14, 2023, at 07:00 CET. Available reports will include the quarterly and annual findings, alongside presentation slides on their website. An audio webcast and conference call led by CFO Pål Kildemo is scheduled for 08:30 CET on the same day, featuring a Q&A session. Registration for the conference call is required for participants wishing to pose questions. For more information, contact investor relations.
Norsk Hydro ASA has completed its share buyback program, which began on September 23, 2022, and ended on March 29, 2023. During this period, the company repurchased a total of 9,603,000 shares at an average price of 66.77 NOK, amounting to a total transaction value of 641,200,903 NOK. Following these transactions, Norsk Hydro ASA now holds 26,055,403 shares, representing 1.26% of the company’s share capital. This buyback program was executed to enhance shareholder value.
Hydro is enhancing its position in low-carbon aluminium and expanding in new energy, outlining growth targets and sustainability ambitions at its Capital Markets Day 2022. Key highlights include a projected 20% annual demand growth for low-carbon aluminium, plans to increase recycling capacity to 620-770kt by 2027, and a target for a 30% reduction in Scope 3 emissions by 2030. Hydro aims to distribute 50-70% of adjusted net income for 2022 to shareholders. The company is also pursuing strategic partnerships and innovative technologies to achieve net-zero emissions by 2050.
Norsk Hydro has released its Annual Report for 2021, which is available in the European Single Electronic Format (ESEF) on its website since November 17, 2022. The report is also published through the Oslo Stock Exchange as mandated by regulatory requirements. For inquiries, interested parties can contact Line Haugetraa at +4741406376 or via email at line.haugetraa@hydro.com. This report adheres to disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act.
Norsk Hydro invites stakeholders to its Capital Markets Day on December 15-16, 2022, in London, with virtual attendance options available. The event includes presentations, Q&A sessions, and roundtable discussions focusing on topics such as recycling, sustainability, and energy. Attendees can register until November 30 and are encouraged to secure their spots early due to limited seating. One-on-one meetings will also be organized with senior management, including the CEO and CFO. The event aims to enhance investor engagement and outline Hydro's strategic direction.
Norsk Hydro ASA announced its share buyback transactions from September 23, 2022, to March 29, 2023. The program involved the acquisition of 6,895,000 shares at an average price of 64.51 NOK, totaling approximately 444.78 million NOK. Prior to the buyback, Norsk Hydro held 16,452,403 shares and following the transactions, it now owns 23,347,403 shares, representing 1.13% of its share capital. This buyback reflects the company's commitment to enhancing shareholder value and confidence in its financial position.
Norsk Hydro ASA is hosting a Capital Markets Day on December 15-16, 2022, in London, with options for virtual participation. The event will feature presentations, Q&A sessions, and roundtable discussions on topics such as recycling, energy, and sustainability. Key attendees include President and CEO Hilde Merete Aasheim and CFO Pål Kildemo, who will be available for one-on-one meetings with investors. Registration is required by November 30. The event aims to strengthen investor relations and provide insights into Hydro’s strategic direction.
Norsk Hydro ASA has completed its share buyback program initiated on September 23, 2022, and concluded on March 29, 2023. During this period, the company repurchased a total of 4,083,000 shares, resulting in a total transaction value of NOK 247,464,736 at an average price of NOK 60.61 per share. Following these transactions, Norsk Hydro ASA now holds 20,535,403 shares, equivalent to 0.99% of its share capital. This buyback program aligns with the company’s commitment to enhancing shareholder value.
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