Bagsværd, Denmark, 4 August 2026 – On 6 May 2026, Novo Nordisk initiated a share repurchase programme in accordance with Article 5 of Regulation No 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the “Safe Harbour Rules”). This programme is part of the overall share repurchase programme of up to DKK 15 billion to be executed during a 12-month period beginning 4 February 2026.
Under the programme initiated 6 May 2026, Novo Nordisk will repurchase B shares for an amount up to DKK 11,200,000,010.45 in the period from 6 May 2026 to 1 February 2027.
Since the announcement 27 July 2026, the following transactions have been made:
Number of
B shares
Average
purchase price
Transaction
value, DKK
Accumulated, last announcement
11,160,000
3,362,368,903
27 July 2026
195,000
324.55
63,286,944
28 July 2026
190,000
330.16
62,729,800
29 July 2026
185,000
335.98
62,155,883
30 July 2026
185,000
333.15
61,632,345
31 July 2026
200,000
315.08
63,016,376
3 August 2026
190,000
305.61
58,066,217
Accumulated under the programme
12,305,000
3,733,256,468
The details for each transaction made under the share repurchase programme are published on novonordisk.com.
With the transactions stated above, Novo Nordisk owns a total of 44,249,480 B shares of DKK 0.10 as treasury shares, corresponding to 1.0% of the share capital. The total amount of A and B shares in the company is 4,465,000,000 including treasury shares.
Novo Nordisk expects to repurchase B shares for an amount up to DKK 15 billion during a 12-month period beginning 4 February 2026. As of 3 August 2026, Novo Nordisk has since 4 February 2026 repurchased a total 27,064,179 B shares at an average share price of DKK 278.35 per B share equal to a transaction value of DKK 7,533,256,457.
Novo Nordisk is a leading global healthcare company founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat serious chronic diseases built upon our heritage in diabetes. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs about 68,800 people in 80 countries and markets its products in around 170 countries. Novo Nordisk’s B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, Instagram, X, LinkedIn and YouTube.
Contacts for further information
Company announcement No 46 / 2026
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