trending Market Intelligence /marketintelligence/en/news-insights/trending/GPf_dX6wo-4AZ1JAT8hztQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Norway's DNB raises size of buyback

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go


Norway's DNB raises size of buyback

DNB ASA aims to buy back up to 1.5% of its shares representing 23,704,521 shares following an announcement from the Norwegian finance ministry that new capital rules will be implemented Dec. 31.

"The announcement provides additional clarity regarding future capital requirements," DNB said Dec. 12, referring to Capital Requirements Directive IV and the Capital Requirements Regulation.

The Norwegian bank will repurchase the shares at a price of between 10 Norwegian kroner and 250 kroner each. Launched in October, the lender initially sought to buy back 0.5% of its shares. It then increased the program to buy back 1.0% of its shares. The buyback is expected to be completed at the end of March 2020 at the latest.

DNB said it has so far repurchased about 7.8 million shares.

As of Dec. 11, US$1 was equivalent to 9.14 Norwegian kroner.