DNB Bank ASA nears 1% share buyback target, repurchases over half a million shares

DNB Bank ASA announced the status of its share buyback program for week 37 of 2025, acquiring 517,756 own shares at an average price of NOK 264.9308 per share. This brings the total shares repurchased under the program to 8,716,170, representing 0.58% of the company's shares, with a total transaction value of NOK 2,336,380,202.

The program, announced on June 17, 2025, aims to repurchase up to 14,776,048 shares, equivalent to 1.0% of the company's own shares. Up to 9,752,192 shares will be acquired on trading venues by October 1, 2025, for proposed cancellation. An additional 5,023,856 shares will be redeemed from the Norwegian State to maintain its 34% ownership. The aggregate consideration will not exceed NOK 4,211 million.

Daily buybacks for week 37 included 76,304 shares on September 8th, 137,077 shares on September 9th, 78,044 shares on September 10th, 121,551 shares on September 11th, and 104,780 shares on September 12th.