6-K 1 c109504.htm 6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 6-K

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REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

February 10, 2014

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        NOVO NORDISK A/S       
(Exact name of Registrant as specified in its charter)

Novo Allé
DK- 2880, Bagsvaerd
Denmark
(Address of principal executive offices)

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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F

Form 20-F [X]           Form 40-F [  ]

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes [  ]            No [X]

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-32(b):82-_____________________

 
 

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Novo Nordisk A/S – Share repurchase programme

Bagsværd, Denmark, 10 February 2014 – On 30 January 2014, Novo Nordisk initiated a share repurchase programme in accordance with the provisions of the European Commission’s regulation no 2273/2003 of 22 December 2003, also referred to as the Safe Harbour rules. This programme is part of the overall share repurchase programme of up to DKK 15.0 billion to be executed during a 12-month period beginning 30 January 2014.

Under the programme initiated 30 January 2014, Novo Nordisk will repurchase B shares for an amount up to DKK 3.6 billion in the period from 30 January 2014 to 29 April 2014.

Since the announcement as of 30 January 2014, the following transactions have been made under the programme:

 

  Number of Average Transaction
  shares purchase price value, DKK
Accumulated, last announcement -   -
30 January 2014 285,000 209.23 59,629,211
31 January 2014 260,000 218.11 56,707,586
3 February 2014 291,000 222.96 64,882,699
4 February 2014 285,000 219.38 62,523,101
5 February 2014 255,000 223.60 57,017,082
6 February 2014 250,000 229.94 57,486,100
7 February 2014 230,000 230.82 53,088,485
Accumulated under the programme 1,856,000   411,334,263

 

On 31 January 2014 Novo Nordisk repurchased 492,995 B shares from employees. The transaction amounted to DKK 0.1 billion. The shares in this transaction were not part of the Safe Harbour repurchase programme, but were part of the overall DKK 15.0 billion repurchase programme.

 

Novo Nordisk A/S Novo Allé Telephone: CVR no:
Investor Relations 2880 Bagsværd +45 4444 8888 24 25 67 90
  Denmark Internet:  
    www.novonordisk.com  
   
    Company announcement No 8 / 2014
         
 
 

 

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Transactions related to Novo Nordisk’s incentive programmes have resulted in a net sale by Novo Nordisk of 3,718,234 B shares in the period from 30 January 2014 to 7 February 2014. The shares in these transactions were not part of the Safe Harbour repurchase programme.

With the transactions stated above, Novo Nordisk owns a total of 106,270,786 treasury shares, corresponding to 3.9% of the share capital. The total amount of shares in the company is 2,750,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares for an amount up to DKK 15.0 billion during a 12-month period beginning 30 January 2014. As of 7 February 2014, Novo Nordisk has repurchased a total of 2,348,995 B shares equal to a transaction value of DKK 516,140,070.

 

Novo Nordisk is a global healthcare company with 90 years of innovation and leadership in diabetes care. The company also has leading positions within haemophilia care, growth hormone therapy and hormone replacement therapy. Headquartered in Denmark, Novo Nordisk employs approximately 38,000 employees in 75 countries, and markets its products in more than 180 countries. Novo Nordisk’s B shares are listed on NASDAQ OMX Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com.

 

Further information    
Media:    
Anne Margrethe Hauge +45 4442 3450 amhg@novonordisk.com
Ken Inchausti (US) +1 609 514 8316 kiau@novonordisk.com
     
Investors:    
Kasper Roseeuw Poulsen +45 3079 4303 krop@novonordisk.com
Frank Daniel Mersebach +45 3079 0604 fdni@novonordisk.com
Lars Borup Jacobsen +45 3075 3479 lbpj@novonordisk.com
Daniel Bohsen +45 3079 6376 dabo@novonordisk.com
Jannick Lindegaard (US) +1 609 235 8567 jlis@novonordisk.com

 

 

Novo Nordisk A/S Novo Allé Telephone: CVR no:
Investor Relations 2880 Bagsværd +45 4444 8888 24 25 67 90
  Denmark Internet:  
    www.novonordisk.com  
   
    Company announcement No 8 / 2014
         

 

 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.

Date: February 10, 2014

NOVO NORDISK A/S

Lars Rebien Sørensen,

President and Chief Executive Officer