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DNB completes share buy-back and plans state share redemption to maintain government stake

Story Highlights
  • DNB has completed a NOK 1.44 billion share buy-back, lifting treasury holdings to 1.65 percent.
  • The bank plans to cancel bought-back shares and redeem state-held shares to keep Norway’s stake at 34 percent.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DNB completes share buy-back and plans state share redemption to maintain government stake

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The latest announcement is out from DNB ASA ( (GB:0O84) ).

DNB Bank ASA has completed a share buy-back programme launched in February 2026, repurchasing 4,876,096 shares, or 0.33 percent of its share capital, for NOK 1,440 million at an average price of NOK 295.31 per share. Following the transactions, DNB holds 24,380,480 treasury shares, equal to 1.65 percent of its outstanding shares, and will propose cancelling these shares at the next Annual General Meeting.

At the same meeting, the bank will seek approval to redeem 12,559,641 shares from the Norwegian government, represented by the Ministry of Trade, Industry and Fisheries, for NOK 3,449 million plus interest compensation. The redemption is structured to keep the state’s ownership stake at 34 percent, signalling DNB’s continued commitment to capital optimisation while preserving the government’s strategic holding and maintaining stability in its shareholder structure.

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 a leading Norwegian financial institution operating in the banking and financial services industry. The group provides a broad range of services including corporate and retail banking, financing, and capital markets products, with a strong position in its domestic market and a significant role in serving both private and public sector clients in Norway.

Average Trading Volume: 1,809,705

Current Market Cap: NOK427B

Learn more about 0O84 stock on TipRanks’ Stock Analysis page.

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