Home > Top Stories > Novo Nordisk to begin 2024 share buybacks
Top Stories

Novo Nordisk to begin 2024 share buybacks

Published by Uma Rajagopal

Posted on February 6, 2024

Featured image for article about Top Stories

Novo Nordisk to begin 2024 share buybacks

OSLO (Reuters) – Novo Nordisk will on Tuesday begin the execution of its planned share buyback programme for 2024, the Danish maker of obesity drug Wegovy and diabetes treatment Ozempic said in a statement.

Novo on Jan. 31 said it planned to carry out a share repurchase plan of up to 20 billion Danish crowns ($2.88 billion) to reduce the company’s share capital and to meet obligations arising from share-based incentive programmes.

The company completed its previous 12-month share repurchase programme on Jan. 30.

($1 = 6.9337 Danish crowns)

(Reporting by Terje Solsvik, editing by Anna Ringstrom and Essi Lehto)

Related Posts
Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
A Notable Update for Employee Health Benefits:
A Notable Update for Employee Health Benefits:
Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
Hebbia Processes One Billion Pages as Financial Institutions Deploy AI Infrastructure at Unprecedented Scale
Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
Beyond Governance Fatigue: Making ESG Integration Work in Financial Markets
Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
Why I-9 Verification Matters for Financial Institutions: Building a Culture of Compliance and Trust
Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
Curvestone AI partners with The White Rose Finance Group to enhance compliance file reviews
LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
LinkedIn Influence in 2025: Insights from Stevo Jokic on Building Authority and Trust
Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
Should You Take the Dealer’s Bike Insurance or Buy Online Yourself? Here’s the Real Difference
;