Hydro has completed the USD 1.11 billion transaction for the sale of 30 percent interest in the Brazilian alumina refinery Hydro Alunorte and Hydro’s 5 percent interest in the bauxite producer Mineracão Rio do Norte (MRN), together with Vale’s 40 percent stake in MRN. “We are looking forward to work with Glencore to further develop Alunorte. Glencore has broad industrial experience within metals and mining, which adds to the significant progress our bauxite and alumina area has made to bring dow
Please see below information about transactions made under the share buyback program for Norsk Hydro ASA. Announcement date of the share buyback program: September 22, 2023End date of the share buyback program: February 29, 2024 Overview of transactions: DateAggregated daily volume (number of Shares)Weighted average share price per day (NOK)Total daily transaction value (NOK)22.11.23 100 000 63.57 6 356 810 23.11.23 100 000 64.99 6 499 480 24.11.23 74 977 64.99 4 873 055 27.11.23 129 826 64.78 8
Hydro is shifting gear to capture opportunities created by increased demand for low-carbon aluminium. Towards 2030, Hydro will step up growth in aluminium recycling and extrusions, and in its ambitions within renewable power generation. Hydro will execute on its decarbonization roadmap, and contribute to nature positive and a just transition, while shaping the market for greener aluminium. These are key topics for Hydro’s Capital Markets Day 2023. Key highlights Expecting up to NOK 2 billion gre