Novo Nordisk A/S purchases B shares worth DKK 4,736 million from Novo Holdings A/S under the 2024 share repurchase programme
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Novo Nordisk A/S has agreed to purchase B shares worth DKK 4,736 million from Novo Holdings A/S as part of its 2024 share repurchase program. The transaction involves 6,311,250 B shares at a price of DKK 750.42 per share.
November 08, 2024 | 9:00 pm
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Novo Nordisk A/S is executing a significant share repurchase, buying B shares worth DKK 4,736 million from Novo Holdings A/S. This is part of a larger DKK 20 billion repurchase program for 2024.
The share repurchase is a positive signal to investors, indicating confidence in the company's financial health and future prospects. It is likely to support the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90