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Novo Nordisk buybacks total DKK 10.6B since February

Treasury holdings reached 51,889,876 B shares, equivalent to 1.2% of share capital, after the reported purchases.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

Novo Nordisk A/S reported 23,090,000 B shares repurchased under the programme launched May 6, with a cumulative transaction value of DKK 6,758,876,433 as of October 9, 2026.

That programme provides for repurchases of up to DKK 11,200,000,010.45 from May 6, 2026 to February 1, 2027, within an overall programme of up to DKK 15 billion during the 12-month period beginning February 4, 2026. As of October 9, 2026, purchases since February 4 totaled 37,849,179 B shares at an average DKK 278.97 per B share, for DKK 10,558,876,422. Novo Nordisk held 51,889,876 B treasury shares, or 1.2% of share capital; total A and B shares, including treasury shares, were 4,465,000,000.

B shares repurchased under the May programme 23,090,000 B shares Accumulated under the programme as of October 9, 2026
Transaction value under the May programme DKK 6,758,876,433 Accumulated under the programme as of October 9, 2026
May programme repurchase limit Up to DKK 11,200,000,010.45 Programme period: May 6, 2026 to February 1, 2027
Overall share repurchase programme limit Up to DKK 15 billion 12-month period beginning February 4, 2026
Repurchases since February 4, 2026 37,849,179 B shares; transaction value DKK 10,558,876,422 As of October 9, 2026
Average share price DKK 278.97 per B share Repurchases since February 4, 2026, as of October 9, 2026
B shares held as treasury shares 51,889,876 B shares After the transactions stated
Treasury shares as a share of share capital 1.2% After the transactions stated
share repurchase programme financial
"part of the overall share repurchase programme"
A share repurchase programme is a company's plan to buy back its own shares from the market. This reduces the total number of shares available, which can increase the value of remaining shares and signal confidence in the company's health. For investors, it can indicate that the company believes its stock is undervalued and may lead to higher share prices.
treasury shares financial
"owns a total of 51,889,876 B shares ... as treasury shares"
Treasury shares are a company’s own stock that it has repurchased and keeps on its books instead of canceling or leaving in the hands of outside investors. Think of them like coupons a business puts back in a drawer: they don’t vote or receive dividends while held, but they can be reissued later for employee pay or fundraising. For investors this matters because buybacks change the number of shares that count toward earnings and ownership, can boost per‑share metrics, and use corporate cash that might otherwise go to growth or dividends.
Safe Harbour Rules regulatory
"the "Safe Harbour Rules""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NVO B shares were repurchased under the May 2026 programme?

As of October 9, 2026, Novo Nordisk had repurchased 23,090,000 B shares under the programme, with a cumulative transaction value of DKK 6,758,876,433. The programme runs from May 6, 2026 to February 1, 2027 and provides for repurchases of up to DKK 11,200,000,010.45.

How many NVO B shares did Novo Nordisk repurchase since February 2026?

From February 4 through October 9, 2026, Novo Nordisk repurchased 37,849,179 B shares at an average share price of DKK 278.97 per B share, for a transaction value of DKK 10,558,876,422.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

________________

 

FORM 6-K

________________

 

REPORT OF FOREIGN PRIVATE ISSUER

 

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

 

October 12, 2026

________________

 

NOVO NORDISK A/S

 (Exact name of Registrant as specified in its charter)

 

 

Novo Allé 1

DK- 2880, Bagsvaerd

Denmark

(Address of principal executive offices)

________________

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

 

Form 20-F ☒           Form 40-F ☐

  

 
 

 

 

 

 

Novo Nordisk A/S – Share repurchase programme

 

Bagsværd, Denmark, 12 October 2026 – On 6 May 2026, Novo Nordisk initiated a share repurchase programme in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the "Safe Harbour Rules"). This programme is part of the overall share repurchase programme of up to DKK 15 billion to be executed during a 12-month period beginning 4 February 2026.

 

Under the programme initiated 6 May 2026, Novo Nordisk will repurchase B shares for an amount up to DKK 11,200,000,010.45 in the period from 6 May 2026 to 1 February 2027.

 

Since the announcement 5 October, the following transactions have been made:

 

 

Number of

B shares

Average

purchase price

Transaction

value, DKK

Accumulated, last announcement

21,845,000

 

6,447,270,879

5 October 2026 245,000 246.39 60,365,707
6 October 2026 250,000 247.50 61,874,647
7 October 2026 250,000 250.87 62,717,325
8 October 2026 250,000 251.66 62,914,296
9 October 2026 250,000 254.93 63,733,579
Accumulated under the programme

23,090,000

 

6,758,876,433

 

The details for each transaction made under the share repurchase programme are published on novonordisk.com.

 

With the transactions stated above, Novo Nordisk owns a total of 51,889,876 B shares of DKK 0.10 as treasury shares, corresponding to 1.2% of the share capital. The total amount of A and B shares in the company is 4,465,000,000 including treasury shares.

 

 

Page 2 of 2

Novo Nordisk expects to repurchase B shares for an amount up to DKK 15 billion during a 12-month period beginning 4 February 2026. As of 9 October 2026, Novo Nordisk has since 4 February 2026 repurchased a total 37,849,179 B shares at an average share price of DKK 278.97 per B share equal to a transaction value of DKK 10,558,876,422.

 

Novo is the global healthcare company that believes lasting health starts now. For over a century, we’ve combined leading scientific expertise with a deep understanding of people’s lives. We develop treatments and support that help millions of people make progress they can see, feel and sustain now and in the future. Every day, over 67,000 employees around the world advance our purpose to drive change for lasting health. Through our partnerships, programmes and investments, we’re working to prevent disease, expand access to treatments and reduce our environmental impact to help even more people live healthier lives. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com and follow us on Instagram, LinkedIn, TikTok, Facebook, X and YouTube.

 

Contacts for further information

 

Novo Nordisk Media:  
Ambre James-Brown Liz Skrbkova (US)
+45 3079 9289 +1 609 917 0632
globalmedia@novonordisk.com USMediaRelations@novonordisk.com
   
Novo Nordisk Investors:  
Michael Novod Sina Meyer
+45 3075 6050 +45 3079 6656
nvno@novonordisk.com azey@novonordisk.com
   
Christoffer Togo Solgaard-Tullin Max Ung

+45 3079 1471

+45 3077 6414
cftu@novonordisk.com mxun@novonordisk.com
   
Ida Schaap Melvold Mads Berner Bruun
+45 3077 5649 +45 3075 2936
idmg@novonordisk.com mbbz@novonordisk.com
   
Frederik Taylor Pitter (US) Alex Bruce (US)
+1 609 613 0568 +1 640 230 0276
fptr@novonordisk.com axeu@novonordisk.com

 

Novo Nordisk A/S

Investor Relations

Novo Allé 1

2880 Bagsværd

Denmark

Telephone:

+45 4444 8888

www.novonordisk.com
CVR no: 24 25 67 90

   Company announcement No 61 / 2026

 

 
 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.

 

Date: October 12, 2026

 

NOVO NORDISK A/S

 

Maziar Mike Doustdar

Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

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