In periods of strong earnings, Hydro will consider buy-back of shares in addition to ordinary dividend payments. Such considerations will be made in the light of alternative investment opportunities available to the company and its financial situation.
Any transactions in own shares will be continuously disclosed at Oslo Stock Exchange, and on this web page.
Share buyback 2008
| Period |
Price |
No. of
shares |
Accumulated
2008 |
Company's
total share
holdings |
| 29 Sep 2008 |
NOK 32.05 |
1,500,000 |
1,500,000 |
38,723,086 |
| 30 Sep 2008 |
NOK 35.61 |
1,025,000 |
2,525,000 |
39,748,086 |
| 2 Oct 2008 |
NOK 35.28 |
723,000 |
3,248,000 |
40,471,086 |
| 6 Oct 2008 |
NOK 33.93 |
1,160,000 |
4,408,000 |
41,631,086 |
| 13 Jul 2009 |
Cancel 4,408,000 shares (Own) |
4,408,000 |
35,324,266 |
| 13 Jul 2009 |
Cancel 3,438,738 shares (State) |
7,846,738 |
35,324,266 |
Share buyback 2007
| Period |
Price |
No. of
shares |
Accumulated
2007 |
Company's
total share
holdings |
| 16 August 2007 |
NOK 198.63 |
311,000 |
311,000 |
59,968,675 |
| 17 August 2007 |
NOK 198.41 |
310,895 |
621,895 |
60,279,570 |
| 11 Sep 2007 |
Cancel 21,627,000 shares (Own) |
621,895 |
38,652,570 |
| 11 Sep 2007 |
Cancel 16,871,506 shares (State) |
17,493,401 |
38,652,570 |
Share buyback 2006
| Period |
Price |
No. of
shares |
Accumulated
2006 |
Company's
total share
holdings |
| 24 May 2006 |
NOK 163.37 |
894,000 |
894,000 |
44,218,570 |
| 26 May 2006 |
NOK 170.66 |
561,000 |
1,455,000 |
44,779,570 |
| 30 May 2006 |
NOK 172.57 |
897,000 |
2,352,000 |
45,676,570 |
| 31 May 2006 |
NOK 168.76 |
910,000 |
3,262,000 |
46,586,570 |
| 6 June 2006 |
NOK 168.69 |
613,000 |
3,875,000 |
47,199,570 |
| 7 June 2006 |
NOK 166.45 |
687,000 |
4,562,000 |
47,886,570 |
| 9 June 2006 |
NOK 158.41 |
775,000 |
5,337,000 |
48,661,570 |
| 13 June 2006 |
NOK 145.20 |
927,000 |
6,264,000 |
49,588,570 |
| 19 June 2006 |
NOK 157.80 |
420,000 |
6,684,000 |
50,008,570 |
| 21 June 2006 |
NOK 151.35 |
615,000 |
7,299,000 |
50,623,570 |
| 28 June 2006 |
NOK 166.56 |
590,000 |
7,889,000 |
51,213,570 |
| 29 June 2006 |
NOK 169.00 |
380,000 |
8,269,000 |
51,593,570 |
| 14 July 2006 |
Cancel 4,672,000 shares (Own) |
8,269,000 |
46,921,570 |
| 14 July 2006 |
Cancel 3,644,685 shares (State) |
8,269,000 |
46,921,570 |
| 26 July 2006 |
NOK 171.88 |
250,000 |
8,519,000 |
47,171,570 |
| 27 July 2006 |
NOK 176.48 |
435,000 |
8,954,000 |
47,606,570 |
| 1 Aug 2006 |
NOK 176.08 |
318,000 |
9,272,000 |
47,924,570 |
| 2 Aug 2006 |
NOK 176.00 |
230,000 |
9,502,000 |
48,154,570 |
| 3 Aug 2006 |
NOK 173.99 |
301,000 |
9,803,000 |
48,455,570 |
| 8 Aug 2006 |
NOK 176.96 |
345,000 |
10,148,000 |
48,800,570 |
| 9 Aug 2006 |
NOK 176.12 |
470,000 |
10,618,000 |
49,270,570 |
| 15 Aug 2006 |
NOK 171.10 |
470,000 |
11,088,000 |
49,740,570 |
| 17 Aug 2006 |
NOK 170.87 |
517,000 |
11,605,000 |
50,257,570 |
| 21 Aug 2006 |
NOK 171.86 |
460,000 |
12,065,000 |
50,717,570 |
| 23 Aug 2006 |
NOK 172.32 |
467,000 |
12,532,000 |
51,184,570 |
| 29 Aug 2006 |
NOK 165.72 |
566,000 |
13,098,000 |
51,750,570 |
| 6 Sep 2006 |
NOK 167.29 |
502,000 |
13,600,000 |
52,252,570 |
| 11 Sep 2006 |
NOK 154.90 |
472,000 |
14,072,000 |
52,724,570 |
| 12 Sep 2006 |
NOK 154.45 |
720,000 |
14,792,000 |
53,444,570 |
| 18 Sep 2006 |
NOK 153.97 |
687,000 |
15,479,000 |
54,131,570 |
| 26 Sep 2006 |
NOK 141.76 |
971,000 |
16,450,000 |
55,102,570 |
| 1 Nov 2006 |
NOK 152.74 |
615,000 |
17,065,000 |
55,717,570 |
| 7 Nov 2006 |
NOK 158.15 |
1,090,000 |
18,155,000 |
56,807,570 |
| 23 Nov 2006 |
NOK 150.86 |
551,000 |
18,706,000 |
57,358,570 |
| 28 Nov 2006 |
NOK 147.94 |
706,000 |
19,412,000 |
58,064,570 |
| 5 Dec 2006 |
NOK 152.45 |
535,000 |
19,947,000 |
58,599,570 |
| 7 Dec 2006 |
NOK 148.13 |
740,000 |
20,687,000 |
59,339,570 |
| 11 Dec 2006 |
NOK 147.34 |
385,000 |
21,072,000 |
59,724,570 |
| 12 Dec 2006 |
NOK 148.07 |
555,000 |
21,627,000 |
60,279,570 |
Overview of previous buyback programmes
| |
Before share split
10 May 2006 |
Recalculated after share
split 10 May 2006 |
| Period |
No. of
shares |
Avg. price
NOK |
No. of
shares |
Avg. price
NOK |
| September - November 1999 |
5,000,000 |
319 |
25,000,000 |
63.8 |
| November 2000 - June 2001 |
5,000,000 |
384 |
25,000,000 |
76.8 |
| July 2003 - August 2003 |
1,484,300 |
374 |
7,421,500 |
74.8 |
March 2004 - redemption
of the Norwegian state's shares |
1,157,922 |
374* |
5,789,610 |
*74.8 |
| June 2004 - September 2004 |
2,808,810 |
441 |
14,044,050 |
88.2 |
February 2005 - redemption
of the Norwegian state's shares |
2,191,190 |
441* |
10,955,950 |
*88.2 |
| June 2005 - December 2005 |
934,400 |
651 |
4,672,000 |
130.2 |
| 14 July 2006 - redemption of the Norwegian state's shares |
- |
- |
3,644,685 |
129.30 |
 *interest excluded |
