BAGSVAERD, DENMARK--(MARKET WIRE)--Dec 1, 2008 -- Novo Nordisk A/S - Share repurchase programme
On 15 August 2008 Novo Nordisk initiated its share repurchase
programme in accordance with the provisions of the European
Commission's regulation no 2273/2003 of 22 December 2003,
also
referred to as the Safe Harbour rules.
Under the programme Novo Nordisk will repurchase B shares for an amount of up to DKK 1.7 billion in the period from 15 August 2008 to 19 December 2008.
Since the announcement as of 24 November 2008, the following transactions have been made under the programme:
Number of Average Transaction
shares purchase price value, DKK
Accumulated, last
announcement 3,951,500 1,124,730,754
24 November 2008 50,000 267.4700 13,373,500
25 November 2008 105,000 268.8400 28,228,200
26 November 2008 70,000 268.5300 18,797,100
27 November 2008 70,000 274.9700 19,247,900
28 November 2008 80,000 291.1100 23,288,800
Accumulated under
the programme 4,326,500 1,227,666,254With the transactions stated above, Novo Nordisk owns a total of 25,293,285 treasury shares, corresponding to 4.0% of the share capital. The total amount of shares in the company is 634,000,000 including treasury shares.
Novo Nordisk is a healthcare company and a world leader in diabetes care. In addition, Novo Nordisk has a leading position within areas such as haemostasis management, growth hormone therapy and hormone replacement therapy. Novo Nordisk manufactures and markets pharmaceutical products and services that make a significant difference to patients, the medical profession and society. With headquarters in Denmark, Novo Nordisk employs approximately 26,550 employees in 80 countries, and markets its products in 179 countries. Novo Nordisk's B shares are listed on the stock exchanges in Copenhagen and London. Its ADRs are listed on the New York Stock Exchange under the symbol 'NVO'. For more information, visit novonordisk.com.
Further information: Media: Investors: Outside North America Mads Veggerby Lausten Elin K Hansen Tel: (+45) 4443 7919 Tel: (+45) 4442 3450 mlau@novonordisk.com ekh@novonordisk.com Hans Rommer In North America: Tel: (+45) 4442 4765 Sean Clements hrmm@novonordisk.com Tel: (+1) 609 514 8316 secl@novonordisk.com Kasper Roseeuw Poulsen Tel: (+45) 4442 4471 krop@novonordisk.com
Company Announcement no 78 / 2008
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