Welcome to our dedicated page for Norsk Hydro A S news (Ticker: NHYDY), a resource for investors and traders seeking the latest updates and insights on Norsk Hydro A S stock.
NORSK HYDRO A S (NHYDY) generates frequent news flow through its detailed stock exchange announcements, quarterly reports and strategic updates. The company’s news covers its aluminium value chain, energy activities and its stated ambition to pioneer a green aluminium transition powered by renewable energy. Readers of this page can follow how the company responds to uncertain markets, adjusts capital allocation and executes on long-term improvement programs.
Recent news has highlighted performance in business areas such as Bauxite & Alumina, Energy, Aluminium Metal, Metal Markets, Extrusions and Recycling. Updates include adjusted EBITDA developments, free cash flow, net debt movements and return on capital employed, along with commentary on global alumina and aluminium markets, Nordic power prices and regional extrusion demand in Europe and North America.
Company announcements also describe strategic initiatives, including a NOK 6.5 billion improvement program toward 2030, a strategic workforce and cost reduction program targeting approximately 750 white collar positions, and capital expenditure guidance changes to preserve financial flexibility. News items detail the proposed closure of five European extrusion plants, the ramp-up of recycling capacity and the company’s focus on greener products and circular aluminium solutions.
Energy-related news includes the Illvatn pumped storage power plant investment in Norway, long-term power agreements for the Alouette smelter in Québec and the voluntary termination of a Swedish wind power purchase agreement with Cloud Snurran AB. Visitors to this page can review these announcements to understand how NORSK HYDRO A S manages its power portfolio, supports low‑carbon aluminium production and navigates legal, regulatory and market developments over time.
Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Between December 4-10, 2024, the company purchased a total of 1,334,921 shares at prices ranging from NOK 66.96 to NOK 69.12. The accumulated volume under the program to date is 12,679,235 shares at an average price of NOK 66.65, totaling NOK 845,084,634. Following these transactions, Norsk Hydro owns 26,761,740 shares, representing 1.33% of its share capital.
Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Between November 27 and December 3, 2024, the company purchased a total of 1,445,900 shares at prices ranging from NOK 68.03 to NOK 69.55 per share. The accumulated total under the program to date is 11,344,314 shares at an average price of NOK 66.55, representing a total investment of NOK 754,960,592. Following these transactions, Norsk Hydro now owns 25,426,819 shares, equivalent to 1.27% of its share capital.
Norsk Hydro ASA provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Between November 20-26, 2024, the company purchased a total of 164,730 shares at prices ranging from NOK 71.38 to 72.13. The accumulated volume to date is 9,898,414 shares at an average price of NOK 66.26, totaling NOK 655,855,748. Following these transactions, Norsk Hydro now owns 23,980,919 shares, representing 1.19% of its share capital.
Hydro announces strategic updates at its 2024 Capital Markets Day, launching a new NOK 6.5 billion improvement program targeting 2030. The company is focusing on aluminium recycling and extrusions, while phasing out battery and Havrand businesses. Despite challenging market conditions, Hydro projects 20% increase in Hydro REDUXA and CIRCAL sales for 2024. The company reconfirms its NOK 15 billion annual capex guidance through 2025 and medium-term, with potential additional flexibility of NOK 1-2 billion. Working capital is estimated at NOK 29 billion by 2024 with an additional NOK 1 billion build in 2025.
Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Between November 13-19, 2024, the company purchased a total of 843,778 shares at varying prices. The accumulated volume to date is 9,733,684 shares at an average price of NOK 66.17, totaling NOK 644,037,928. Prior to the program, Norsk Hydro owned 14,082,505 shares. Following these transactions, the company now owns 23,816,189 shares, representing 1.19% of its total share capital.
Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. From November 6-12, 2024, the company purchased 1,457,211 shares at prices ranging from NOK 65.85 to NOK 69.86. The total accumulated shares bought under the program to date are 8,889,906 at an average price of NOK 66.28, with a total transaction value of NOK 589,255,450. Following these transactions, Norsk Hydro now owns 22,972,411 shares, representing 1.14% of its share capital.
Norsk Hydro ASA has provided an update on its share buyback program, which runs from September 11, 2024, to February 28, 2025. Recent transactions from October 30 to November 5, 2024, show the company purchased a total of 681,869 shares at prices ranging from NOK 68.10 to NOK 69.79. The accumulated total under the program to date is 7,432,695 shares at an average price of NOK 66.03. Following these transactions, Norsk Hydro now owns 21,515,200 shares, representing 1.07% of its share capital.
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.
Norsk Hydro has announced its upcoming Capital Markets Day scheduled for November 27, 2024, at the Royal Garden Hotel in London. The event offers both in-person and virtual attendance options, though virtual attendees won't have access to Q&A sessions or 1:1 meetings. The agenda includes presentations from the CEO, Business Areas, and CFO, starting at 08:00 GMT, followed by Q&A sessions and lunch. Afternoon sessions from 12:30 to 16:00 GMT will feature management meetings for investors and sell-side analysts. Registration deadline is November 6.
Norsk Hydro reported strong Q3 2024 results with adjusted EBITDA of NOK 7,367 million, up from NOK 3,899 million year-over-year. The increase was driven by higher aluminium and alumina prices, lower raw material costs, and positive currency effects. The company's adjusted RoaCE was 7.2%, with free cash flow of NOK 1.7 billion.
The Bauxite & Alumina segment showed record results, benefiting from rising alumina prices and the Alunorte fuel switch project. However, downstream markets faced challenges with weak demand and recycling margins in Europe and North America, particularly affecting the automotive and construction sectors. The company is implementing cost-cutting measures and investing in automation to enhance efficiency.
Notable developments include a partnership extension with Mercedes-Benz for Amazon development projects and a decision to reduce ownership in Vianode from 30% to 19.9%, resulting in NOK 956 million in impairments.