# Novo Nordisk Reaches DKK 10.56 Billion in Share Buyback Progress

- URL: https://stocks.freetheai.org/news/novo-nordisk-reaches-dkk-10-56-billion-in-share-buyback-progress-b9d7c8
- Published: 2026-10-12T10:29:00Z
- Category: company_news; sentiment: neutral; impact: low
- Symbols: [OMXCOP:NOVO_B](https://stocks.freetheai.org/symbols/OMXCOP-NOVO_B)
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Pharmaceutical manufacturer Novo Nordisk A/S (NOVO_B) has repurchased DKK 10.56 billion worth of its Class B shares under its ongoing 12-month buyback plan, which began on February 4, 2026. As of October 9, 2026, the company has acquired 37,849,179 Class B shares at an average price of DKK 278.97 per share. Following these transactions, treasury holdings stand at 51,889,876 Class B shares out of a total share capital of 4.465 billion shares.

The progress update reflects steady execution of the total DKK 15 billion capital return plan, with roughly 70% of the allocation completed. Accumulating shares as treasury stock reduces the overall float available on the open market and helps support earnings per share by limiting dilution. Shares of the company rose 0.98% to 257.8 DKK.

Investors will monitor the remaining execution of the annual repurchase schedule over the coming months. Key factors to watch include any future shifts in capital allocation strategy or potential changes to the overall buyback target size.

## Key points

- Novo Nordisk A/S has repurchased DKK 10.56 billion of Class B shares under its DKK 15 billion buyback plan.
- The company bought 37,849,179 Class B shares at an average price of DKK 278.97 as of October 9, 2026.
- Total treasury holdings reached 51,889,876 Class B shares, representing 1.2% of share capital.
- Roughly 70% of the 12-month repurchase plan launched on February 4, 2026, has been completed.

## Questions and answers

### How much has Novo Nordisk spent on its share buyback program?

As of October 9, 2026, Novo Nordisk has spent DKK 10.56 billion of its planned DKK 15 billion 12-month buyback program.

### What percentage of shares does Novo Nordisk hold in treasury?

Novo Nordisk holds 51,889,876 Class B shares as treasury shares, representing 1.2% of its total share capital.

### What was the average price Novo Nordisk paid per share?

The company repurchased 37,849,179 Class B shares at an average price of DKK 278.97 per share.