Novo Nordisk Announces Major Share Buyback Program

Novo Nordisk (NVO) has released an update.

Novo Nordisk has embarked on a significant share repurchase programme, planning to buy back B shares worth up to DKK 20 billion over a year starting February 2024. As of late November, the company has already repurchased shares valued at nearly DKK 18 billion. This move is part of their broader strategy to enhance shareholder value, reflecting confidence in their financial health.

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