World News: 15:29 GMT Friday 21st April 2017. [Novo Nordisk A/S via Thomson Reuters ONE via SPi World News]
Bagsværd, Denmark, 21 April 2017 - At Novo Nordisk's Annual General Meeting on 23 March 2017, it was decided to reduce the company's B share capital from DKK 402,512,800 to DKK 392,512,800 by cancellation of part of the company's portfolio of own B shares at a nominal value of DKK 10,000,000 divided into 50,000,000 B shares of DKK 0.20 each.
Today, Novo Nordisk has registered the implementation of the reduction of the share capital with the Danish Business Authority and cancelled nominally DKK 10,000,000 B shares. After the reduction of the share capital, the company's share capital is nominally DKK 500,000,000, which is divided into an A share capital of nominally DKK 107,487,200 and a B share capital of nominally DKK 392,512,800.
The reduction in the share capital will not affect Novo Nordisk's share repurchase programme which will continue as previously announced.
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Company announcement No 29 / 2017
Thomson Reuters: 15:29 GMT Friday 21st April 2017
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