Novo Nordisk Initiates Multi-Billion Share Buyback
Company Announcements

Novo Nordisk Initiates Multi-Billion Share Buyback

Novo Nordisk (NVO) has released an update.

Novo Nordisk has launched a share repurchase program, buying back B shares up to DKK 2.4 billion between August and November 2024, as a part of a larger DKK 20 billion buyback initiative. Since the program’s recent start, transactions have been actively reported on the company’s website. This move is in line with Novo Nordisk’s ongoing efforts to manage its capital structure and return value to shareholders, further solidifying its position in the global healthcare market.

For further insights into NVO stock, check out TipRanks’ Stock Analysis page.

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