Washington, D.C. 20549









Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934


May 19, 2016




 (Exact name of Registrant as specified in its charter)



Novo Allé 

DK- 2880, Bagsvaerd 


(Address of principal executive offices)



Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F


Form 20-F [X]           Form 40-F [  ]


Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.


Yes [  ]            No [X]


If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-32(b):82-________





Novo Nordisk A/S – Share repurchase programme



Bagsværd, Denmark, 19 May 2016 – On 3 February 2016, Novo Nordisk initiated a share repurchase programme in accordance with the provisions of the European Commission’s regulation no 2273/2003 of 22 December 2003, also referred to as the Safe Harbour rules. This programme is part of the overall share repurchase programme of up to DKK 14 billion to be executed during a 12-month period beginning 3 February 2016.


Under the programme initiated 29 April 2016, Novo Nordisk will repurchase B shares for an amount up to DKK 3.5 billion in the period from 29 April 2016 to 3 August 2016.


Since the announcement as of 9 May 2016, the following transactions have been made under the programme:


    Number of
B shares
purchase price
value, DKK
Accumulated, last announcement   619,000         221,753,958 
9 May 2016   138,000    357.49    49,333,068 
10 May 2016   150,000    360.38    54,057,660 
11 May 2016   155,000    358.36    55,546,219 
12 May 2016   150,000    356.59    53,489,055 
13 May 2016   145,000    353.93    51,319,241 
17 May 2016   155,000    359.90    55,785,244 
18 May 2016   130,000    358.14    46,558,447 
Accumulated under the programme   1,642,000         587,842,892 


Transactions related to Novo Nordisk’s incentive programmes have resulted in a net sale by Novo Nordisk of 227,000 B shares in the period from 9 May 2016 to 18 May 2016. The shares in these transactions were not part of the Safe Harbour repurchase programme.



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With the transactions stated above, Novo Nordisk owns a total of 13,719,645 B shares of DKK 0.20, corresponding to 0.5% of the share capital, as treasury shares. The total amount of A and B shares in the company is 2,550,000,000 including treasury shares.


Novo Nordisk expects to repurchase B shares for an amount up to DKK 14 billion during a 12-month period beginning 3 February 2016. As of 18 May 2016, Novo Nordisk has repurchased a total of 11,788,000 B shares equal to a transaction value of DKK 4,217,397,617.



Novo Nordisk is a global healthcare company with more than 90 years of innovation and leadership in diabetes care. This heritage has given us experience and capabilities that also enable us to help people defeat other serious chronic conditions: haemophilia, growth disorders and obesity. Headquartered in Denmark, Novo Nordisk employs approximately 41,000 people in 75 countries and markets its products in more than 180 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, Twitter, LinkedIn, YouTube


Further information

Anne Margrethe Hauge +45 3079 3450 amhg@novonordisk.com
Ken Inchausti (US) +1 609 786 8316 kiau@novonordisk.com


Peter Hugreffe Ankersen +45 3075 9085 phak@novonordisk.com
Melanie Raouzeos +45 3075 3479 mrz@novonordisk.com
Kasper Veje (US) +1 609 235 8567 kpvj@novonordisk.com






Novo Nordisk A/S

Investor Relations

Novo Allé

2880 Bagsværd



+45 4444 8888




CVR no:

24 25 67 90

    Company announcement No 40 / 2016







Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.


Date: May 19, 2016




Lars Rebien Sørensen,

Chief Executive Officer