DNB ASA has on 14 November 2017 purchased 160,000 own shares at an average price of NOK 156.7411 per share. After this, DNB ASA owns a total of 8,660,068 own shares.
The repurchase of shares is part of the new share buy-back programme announced by DNB ASA on 21 September 2017. The buy-back programme comprises up to approximately 8.1 million shares, of which up to approximately 5.4 million will be repurchased in the open market. The rest will be redeemed from the state of Norway on a proportionate basis, subject to approval from DNB ASA's annual general meeting in 2018, so that its current ownership interest of 34.00% will remain unaffected following completion of the buy-back programme.
For further information about the share buy-back programme, DNB ASA refers to the Oslo Stock Exchange notification made on 21 September 2017 (available from www.newsweb.no).