c104511.htm - Prepared by Imprima

 

 

 

 


 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549

________________

FORM 6-K

________________

 

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

March 29, 2011

________________

 

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

Novo Allé
DK- 2880, Bagsvaerd
Denmark

(Address of principal executive offices)

________________

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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Company Announcement

28 March 2011

Novo Nordisk A/S – Share repurchase programme

On 2 February 2011 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.

Under the programme Novo Nordisk will repurchase B shares for an amount up to DKK 2.0 billion in the period from 2 February 2011 to 26 April 2011.

Since the announcement as of 21 March 2011, the following transactions have been made under the programme:

 

Number of
shares

Average
purchase price

Transaction value,
DKK

Accumulated, last
announcement

1,738,000

 

1,138,679,882

21 March 2011

50,000

653.8460

32,692,300

22 March 2011

52,500

648.7900

34,061,475

23 March 2011

45,000

649.3634

29,221,353

24 March 2011

45,000

641.1950

28,853,775

25 March 2011

60,000

638.5083

38,310,498

Accumulated under
the programme

1,990,500

 

1,301,819,283

Transactions related to Novo Nordisk’s incentive programmes have resulted in an increase of 46,527 B shares in Novo Nordisk’s holding of treasury shares in the period from 21 March 2011 to 25 March 2011. The shares in these transactions were not part of the Safe Harbour repurchase programme.

 

Company Announcement no 19 / 2011

Page 1 of 2

 

Novo Nordisk A/S

Investor Relations

Novo Allé

2880 Bagsværd

Denmark

Telephone:

+45 4444 8888

Telefax:

+45 4444 6626

Internet:

novonordisk.com

CVR no:

24256790

 


 

 

 

With the transactions stated above, Novo Nordisk owns a total of 29,247,509 treasury shares, corresponding to 4.9% of the share capital. The total amount of shares in the company is 600,000,000 including treasury shares.

Novo Nordisk expects to repurchase B shares worth DKK 10.0 billion during 2011. As of 25 March 2011, Novo Nordisk has repurchased a total of 1,990,500 B shares equal to a transaction value of DKK 1,301,819,283.

Novo Nordisk is a global healthcare company with 87 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 30,900 employees in 76 countries, and markets its products in 179 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:

Investors:

 

Outside North America:

Anne Margrethe Hauge

Tel: (+45) 4442 3450

amhg@novonordisk.com

Outside North America:

Klaus Bülow Davidsen

Tel: (+45) 4442 3176

klda@novonordisk.com

 

 

 

 

Jannick Lindegaard

Tel: (+45) 4442 4765

jlis@novonordisk.com

 

In North America:

Ken Inchausti

Tel: (+1) 609 514 8316

kiau@novonordisk.com

In North America:

Hans Rommer

Tel: (+1) 609 919 7937

hrmm@novonordisk.com

 

 

Company Announcement no 19 / 2011

Page 2 of 2

 

Novo Nordisk A/S

Investor Relations

Novo Allé

2880 Bagsværd

Denmark

Telephone:

+45 4444 8888

Telefax:

+45 4444 6626

Internet:

novonordisk.com

CVR no:

24256790

 


 

 

 

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: March 29, 2011

NOVO NORDISK A/S

Lars Rebien Sørensen,

President and Chief Executive Officer