Novo Nordisk Initiates Major Share Repurchase Program

Novo Nordisk (NVO) has released an update.

Novo Nordisk has embarked on a share repurchase program aiming to buy back up to DKK 20 billion worth of B shares over a year, with DKK 2.4 billion allocated for this quarter. Since the program’s start, the company has acquired over 13 million shares, showcasing its strong financial position and commitment to shareholder value. This initiative underscores Novo Nordisk’s strategic efforts to enhance investor confidence and market presence.

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