Novo Nordisk (NVO) has released an update.
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Novo Nordisk has embarked on a significant share repurchase program, with plans to buy back up to DKK 20 billion worth of B shares over a year, starting February 2024. As part of this initiative, the company aims to acquire B shares amounting to DKK 2.4 billion between August and November 2024. This strategic move underscores Novo Nordisk’s confidence in its financial health and commitment to delivering value to shareholders.
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