The Orkla Share FAQ

Below you will find the questions most commonly asked about the Orkla share and the Annual General Meeting.

For questions related to your shareholding, dividends and participation in general meetings, please contact your account manager for assistance. If you are uncertain as to who your account manager is, you can contact Orkla’s account manager, DNB ASA, Registrar’s Department.

If you are unable to find the information you are looking for on our website, please click here to contact our Investor Relations department.

The Orkla share

Number of shares issued stands at 1,018,930,970. Click here to see the history of the Orkla share, including a complete overview of splits, cancellations, etc.

Each share has a nominal value of NOK 1.25.

Orkla’s website contains information on the price performance of the Orkla share, and on the companies with which Orkla compares itself (peers). It also provides a summary of historical returns and an investment calculator.

Click here to see the share price performance.

Orkla has approx. 40,000 shareholders. 54 % of the Orkla shares are owned by foreign investors.

Click here for more information on Orkla shareholders.

Various national and international analysts track the Orkla share on a regular basis. Click here to see the list of all analysts tracking the Orkla share. Orkla emphasises that the analysts’ estimates and opinions are their own, and that they do not necessarily represent Orkla’s views.

Buying and selling Orkla shares

Please contact your account manager, a bank or a brokerage firm if you wish to buy or sell shares.

Shares in Orkla ASA are registered in the Norwegian Central Securities Depository. All shareholders must have a securities account (VPS account), for the registration of their own shares. This also applies to shareholders who are not resident in Norway. You can open a securities account at your own bank or at another bank or brokerage firm.

The Orkla share is listed on the Oslo Stock Exchange (Oslo Børs), with the ticker code ORK. It is also included in the OBX index.The Orkla share can also be traded through Orkla’s Level-1 ADR programme in the USA//US.
Click here to read more about our ADR programme.

Please contact your account manager for information about your holding of Orkla shares. If you are in doubt as to who your account manager is, contact Orkla’s account manager.

The number of shares you hold multiplied by the daily share price gives the total value of your shareholding. Please use our investment calculator to calculate the value of your shares.

Orkla has only one class of share, and all shareholders therefore have the same rights. The rights of Orkla shareholders are governed by the Public Limited Liability Companies Act and the company’s Articles of Association. The most important shareholder rights are to:

  • Receive dividends
  • Be sent the annual report and other financial information (electronically or in printed form by post)
  • Participate in and vote at general meetings, on the basis of the “one share – one vote” principle
  • Participate in any capital increases.

Share capital also has a different name: risk capital. For individual shareholders, risk is linked to fluctuations in the share price. The price of a listed share is influenced by a number of factors, such as general operating parameters, the oil price, exchange rates, interest rates, wage and price trends, economic cycles, trends on other stock exchanges and political conditions. These factors affect the entire stock market, and so this type of risk is referred to as market risk.

A company is also exposed to factors that are more individual to that company – this is called company risk. These factors may be linked to, for example, price trends relating to some of the company’s inputs, changes in operating parameters for some of the company’s business areas, product development, changes in customers’ buying habits, etc. A company’s management, its product development ability, environmental awareness and ethical issues related to the company’s operations are all factors that are now playing an increasingly decisive role in ensuring investor confidence in the company.

Please contact the deceased’s account manager to arrange for the shares to be transferred to your securities account.

If you are in doubt as to who the deceased’s account manager is, contact Orkla’s account manager.

If you have not already opened a securities account, you may open one at your bank or at another bank or brokerage firm.

Annual General Meeting

The Annual General Meeting is usually held in Oslo in April. Details will be provided in the notice of the Annual General Meeting that is sent by post to all shareholders about three weeks before the meeting. Consult our financial calendar for the date of the next general meeting.

All the details concerning registration will be provided in the notice of the general meeting that is sent by post to all shareholders three weeks before the meeting. The notice is also published on www.orkla.com/investor-relations. You can give notice of your intention to attend using the attendance form that you will receive by post, or via Orkla’s website.

Under Norwegian law, only shares that are registered in the name of the owner may be voted. If the shareholder is unable to vote in person at the Annual General Meeting, the shareholder may appoint a proxy to vote in his or her place. Details of how to register a proxy will be provided in the notice of the Annual General Meeting that is sent by post to all shareholders about three weeks before the meeting. You must register your proxy within the stipulated time limit, in the same way as you would register your personal attendance.

Dividends and treasury shares

Over time, Orkla has pursued a dividend strategy that emphasises predictability and stability. Provided that Orkla’s underlying performance is satisfactory, shareholders will experience a steady, stable increase in the dividend paid out.
Click here for more information about dividends.

Dividends are paid to the shareholders of record on the date of the Annual General Meeting.

Dividends are paid to the shareholders of record on the date of the Annual General Meeting. Orkla will usually pay a yearly ordinary dividend in April or May depending on the date for the AGM. in addition, Orkla paid an extraordinary dividend in 2003, 2004 and 2011. See the table regarding dividend date and rate.

Yes. Please contact your account manager (i.e. where you have registered your securities account), and request that the bank account of your choice be registered against your securities account. If you are in doubt as to who the your account manager is, contact Orkla’s account manager.

Please check whether you were in fact a shareholder on the date of the Annual General Meeting. If so, please contact Orkla’s account manager to inquire about your dividend.

Orkla supplements its dividend by moderately buying back treasury shares. At the Annual General Meeting in 2016, the Board of Directors was authorised to buy back Orkla shares. The full text of the authorisation can be found in the Minutes of the AGM 2017 (PDF).

See the table showing yearly share buybacks.
See the table showing the 20 largest share-holders and how many shares Orkla owns.

Read more in Orkla’s Annual Report 2016 – Share information.
Read more about Orkla’s General Meeting.

Other Matters

Orkla reports its results on a quarterly basis, usually in May (Q1), July (Q2), October (Q3) and February (Q4). All figures in the Group’s financial reports and other financial data are stated in Norwegian kroner (NOK). The company’s accounting year is identical to the calendar year (January-December).
To find the date of the next presentation of results, consult our financial calendar.

Annual reports, quarterly reports, presentations and other financial information are available in our download center.

Reports
Presentations

To encourage employees to make a long-term ownership commitment to the company, Orkla has for several years offered employees the opportunity to purchase shares at a 30% discount on the market price.

Changes of address must first be reported to the National Population Register. Next, the change must be reported to your own securities account manager. If you are in doubt as to who your account manager is, please contact Orkla’s account manager.