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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.
Hydro plans to release its third quarter 2022 results on October 25, 2022, at 07:00 CEST. The quarterly report and presentation will be accessible on hydro.com.
Additionally, Hydro will hold an in-person presentation at 08:30 CEST and a virtual Q&A session at 11:00 CEST on the same day.
Helena Nonka, Executive VP of Corporate Development at Norsk Hydro, sold 1,528 shares at NOK 59.58 each on September 23, 2022. These shares were allocated to her through the Long-Term Incentive program in May 2022. Nonka plans to leave the company, with her final day being September 30, 2022. The proceeds from the sale will benefit Norsk Hydro ASA. This information complies with the Norwegian Securities Trading Act disclosures.
Norsk Hydro ASA's Board of Directors announced a share buyback program aimed at enhancing shareholder value by reducing share capital. The program involves repurchasing up to 100 million shares for a total of NOK 2,000 million, representing about 1.6% of the company's current market value. Set to begin on September 26, 2022, and conclude by March 29, 2023, the buyback will redeem shares on a pro-rata basis for the Norwegian State. The share price for repurchase will range between NOK 20 and NOK 150, managed by DNB Markets under the EU Market Abuse Regulation.
Norsk Hydro ASA's shares are now trading ex-dividend of NOK 1.45, effective from September 21, 2022. Investors should note this adjustment, as it will impact the share price going forward. This dividend indicates the company's commitment to returning value to its shareholders. The payment details and any further inquiries can be directed to the investor contact, Line Haugetraa.
Vianode, jointly owned by Elkem, Hydro, and Altor, announces a NOK 2 billion investment in its first industrial plant for sustainable battery materials in Herøya, Norway. This facility will produce anode graphite for approximately 20,000 electric vehicles (EVs) annually by 2024 and aims to address Europe's impending graphite material shortage by 2030. Vianode's eco-friendly materials will slash CO2 emissions by up to 90%, enhancing battery performance. The company plans to recruit around 100 new employees by the end of 2023, potentially increasing to 300 by 2026.
The Extraordinary General Meeting of Norsk Hydro ASA took place on September 20, 2022, where all agenda proposals received approval.
Notably, a dividend of NOK 1.45 per share was approved for distribution, with payment scheduled for September 30, 2022. Shareholders registered as of September 20, 2022, will receive this dividend, and the shares will trade ex-dividend starting September 21, 2022.
Minutes from the meeting are available at www.hydro.com/generalmeeting.
Norsk Hydro ASA announced a press release detailing upcoming disclosures as per the Norwegian Securities Trading Act. The company is committed to adhering to transparency and regulatory compliance, aligning with financial reporting standards. The press release includes an attachment link for further detailed information regarding the company’s financial position and assessments. Investors are encouraged to review the document for pertinent financial insights and developments concerning Norsk Hydro.
Norsk Hydro ASA announces an extraordinary general meeting on September 20, 2022, at 09:30 (CEST). The meeting will be held electronically, allowing shareholders to participate and vote in real-time, in advance, or by proxy. A guide for electronic participation is available on their website. All relevant documents related to the meeting, including the notice and voting forms, can be accessed online. This information is disclosed under the requirements of the Norwegian Securities Trading Act.
The Board of Directors of Norsk Hydro ASA has proposed an additional dividend of NOK 1.45 per share based on the financial results for 2021. The key dates for this dividend include:
- Last day including right: 20 September 2022
- Ex-date: 21 September 2022
- Record date: 22 September 2022
- Payment date: 30 September 2022
The proposal will be approved at the General Meeting on 20 September 2022.
Industri Energi and Norsk Industri have reached an agreement to resolve the labor dispute concerning the Electrochemical Agreement.
The strike at Hydro Sunndal has been called off immediately, allowing normal operations to resume starting tomorrow. This includes the shipping of products to customers, with expected minor delays.