Quantcast
 
Annual return of 118.79% - See How  Click here now!


 

Novo Nordisk A/S: Treasury Stock

Thu. October 02, 2008; Posted: 08:34 AM
Stocks RSS
BAGSVAERD, DENMARK, Oct 02, 2008 (MARKET WIRE via COMTEX) -- NVO | Quote | Chart | News | PowerRating -- Status regarding Novo Nordisk's holding of its own shares (30 September 2008)

In continuation of the company's announcement dated 7 August 2008 concerning a planned share repurchase programme, and pursuant to Section 204.25 of the New York Stock Exchange Listed Company Manual, this is to report that Novo Nordisk A/S (NYSE: NVO) and its wholly-owned affiliates on 30 September 2008 owned 22,989,460 of its own B shares of DKK 1, corresponding to a total nominal value of DKK 22,989,460 or 3.63% of the total share capital.

In the second quarter of 2008 a total of 6,525,300 B shares were repurchased, and 107,270 B shares were disposed of to employees in connection with employee incentive programmes. Novo Nordisk is a healthcare company and a world leader in diabetes care. In addition, Novo Nordisk has a leading position within areas such as haemostasis management, growth hormone therapy and hormone replacement therapy. Novo Nordisk manufactures and markets pharmaceutical products and services that make a significant difference to patients, the medical profession and society. With headquarters in Denmark, Novo Nordisk employs approximately 26,550 employees in 80 countries, and markets its products in 179 countries. Novo Nordisk's B shares are listed on the stock exchanges in Copenhagen and London. Its ADRs are listed on the New York Stock Exchange under the symbol 'NVO'. For more information, visit novonordisk.com.

Company Announcement no 63 / 2008

Copyright Copyright Hugin AS 2008. All rights reserved.

For further information please contact: Media: Elin K Hansen Tel: (+45) 4442 3450 Email Contact Investors: Mads Veggerby Lausten Tel: (+45) 4443 7919 Email Contact Hans Rommer Tel: (+45) 4442 4765 Email Contact In North America: Sean Clements Tel: (+1) 609 514 8316 Email Contact

SOURCE: Novo Nordisk A/S

http://www2.marketwire.com/mw/emailprcntct?id=42A5259CECDE54D0 http://www2.marketwire.com/mw/emailprcntct?id=3C76C386975EB2BB http://www2.marketwire.com/mw/emailprcntct?id=402538804A42A28A http://www2.marketwire.com/mw/emailprcntct?id=F9B0E4978B904C6F

For full details for NONOF click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [NONOF]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.