DNB Advances NOK 2.2 Billion Share Buy-Back While Preserving State Stake

DNB ASA ( (GB:0O84) ) just unveiled an update.

DNB Bank ASA is progressing with its previously announced share buy-back programme of up to 0.5 percent of its share capital, equal to 7,388,024 shares, as part of a capital management strategy that maintains the state’s 34 percent holding. The bank plans to purchase up to 4,876,096 shares in the market by 20 March 2026 and then seek approval at the next annual meeting to cancel these shares and redeem up to 2,511,928 shares from the Norwegian Government, keeping its relative ownership unchanged.

In week 9 of 2026, DNB bought 829,417 of its own shares at an average price of NOK 302.4928, bringing total purchases under the current programme to 3,356,097 shares, or 0.23 percent of its outstanding stock. The aggregate consideration for all shares acquired and to be redeemed under this programme is capped at NOK 2,217 million, signalling continued capital discipline and a shareholder-friendly allocation policy while preserving the state’s strategic stake in the bank.

The most recent analyst rating on (GB:0O84) stock is a Hold with a NOK320.00 price target. To see the full list of analyst forecasts on DNB ASA stock, see the GB:0O84 Stock Forecast page.

More about DNB ASA

DNB Bank ASA is Norway’s largest financial services group, operating as a universal bank with a strong position in retail and corporate banking, capital markets, asset management, and related financial services. The bank plays a key role in the Norwegian economy and is partially state-owned, with the Norwegian Government holding a significant long-term ownership stake.

YTD Price Performance: 7.10%

Average Trading Volume: 1,727,234

Current Market Cap: NOK445.5B

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