Novozymes A/S : Share buyback program no. 24, 2014
August 01, 2014 at 07:47 am EDT
Share
As of July 31, Novozymes has purchased an accumulated 4,243,639 shares with a transaction value of DKK 1,092.1 million under the stock buyback program Novozymes announced in Company announcement No. 17, 2014 and initiated February 17, 2014.
1. August 2014
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Under the program, Novozymes will buy back B shares worth up to DKK 2 billion in total during 2014.
The following transactions have been made under the program in accordance with the provisions of European Commission Regulation (EC) No. 2273/2003 of 22 December 2003, also referred to as the Safe Harbour Regulation :
Number of shares
Average
purchase price
Transaction
value, DKK
Accumulated, last announcement
4,066,781
1,042,681,794
July 25, 2014
40,000
280,34
11,213,799
July 28, 2014
32,204
279.92
9,014,687
July 29, 2014
30,027
280.83
8,432,503
July 30 2014
36,580
280.81
10,272,073
July 31, 2014
38,047
276.06
10,503,411
Total accumulated under the program
4,243,639
1,092,118,267
In addition, transactions necessitated by Novozymes' previously established incentive programs have resulted in a net sale by Novozymes of 1,445 B shares in the period from July 25 to July 31, 2014. The share transactions related to the incentive programs were not part of the Safe Harbour stock buyback program.
Following the transactions stated above, Novozymes owns a total of 8 ,355,635 treasury shares, corresponding to 2.6% of the stock capital. The total number of shares in the company is 319,700,000, including treasury shares.
Novonesis A/S (formerly Novozymes A/S) is the world's leading producer of enzymes and microorganisms for industrial companies. Net sales break down by market as follows:
- industry of cleaning and household maintenance products (28.5%);
- bioenergy (24.8%);
- food industry and human health (22.1%);
- technical and cereal industries (12.8%): microorganisms used in the field of wastewater treatment, technical enzymes intended for the textile, leather, pulp and paper industries;
- agriculture and animal feed industry (11.8%): enzymes used to improve the productivity and digestion of certain foods.
Net sales are geographically distributed as follows: Denmark (1.3%), Europe/Middle East/Africa (33.5%), North America (33.9%), Asia/Pacific (18.5%) and Latin America (12.8%).
NOVONESIS A/S 
