NORFOLK SOUTHERN CORP

Ticker: NSC CUSIP: 655844108 Class: COM

NORDEA INVESTMENT MANAGEMENT AB's Holding History (CIK: 0001218210)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 22,293 Value ($000) $6,448 Avg Close $288.62 Range $277.08 - $300.79

Q3 2025

Shares 21,685 Value ($000) $6,489 Avg Close $276.03 Range $252.95 - $299.47

Q2 2025

Shares 19,598 Value ($000) $5,012 Avg Close $233.06 Range $198.48 - $255.81

Q1 2025

Shares 18,420 Value ($000) $4,295 Avg Close $239.35 Range $222.00 - $264.36

Q4 2024

Shares 18,940 Value ($000) $4,451 Avg Close $248.46 Range $225.19 - $271.79

Q3 2024

Shares 17,489 Value ($000) $4,356 Avg Close $233.00 Range $204.24 - $253.86

Q2 2024

Shares 17,805 Value ($000) $3,800 Avg Close $224.21 Range $200.19 - $246.91

Q1 2024

Shares 175,819 Value ($000) $44,676 Avg Close $237.76 Range $214.83 - $253.85

Q4 2023

Shares 268,246 Value ($000) $63,333 Avg Close $200.12 Range $174.02 - $227.48

Q3 2023

Shares 518,990 Value ($000) $103,087 Avg Close $205.00 Range $184.44 - $225.83

Q2 2023

Shares 527,114 Value ($000) $118,938 Avg Close $200.25 Range $185.68 - $215.05

Q1 2023

Shares 560,912 Value ($000) $117,730 Avg Close $216.72 Range $184.28 - $242.90

Q4 2022

Shares 775,440 Value ($000) $191,255 Avg Close $220.43 Range $189.06 - $244.31

Q3 2022

Shares 808,814 Value ($000) $173,288 Avg Close $222.85 Range $194.58 - $245.30

Q2 2022

Shares 797,051 Value ($000) $178,978 Avg Close $226.47 Range $202.60 - $262.57

Q1 2022

Shares 781,002 Value ($000) $226,155 Avg Close $252.93 Range $227.90 - $273.69

Q4 2021

Shares 771,690 Value ($000) $228,019 Avg Close $255.22 Range $218.02 - $273.89

Q3 2021

Shares 784,035 Value ($000) $192,081 Avg Close $233.46 Range $217.60 - $249.27

Q2 2021

Shares 548,887 Value ($000) $145,680 Avg Close $250.29 Range $237.13 - $267.99

Q1 2021

Shares 558,464 Value ($000) $150,863 Avg Close $228.85 Range $207.42 - $247.83

Q4 2020

Shares 572,177 Value ($000) $135,955 Avg Close $204.73 Range $176.03 - $223.49

Q3 2020

Shares 594,760 Value ($000) $129,140 Avg Close $179.92 Range $151.06 - $201.91

Q2 2020

Shares 1,185,492 Value ($000) $204,758 Avg Close $150.98 Range $121.35 - $179.10

Q1 2020

Shares 591,734 Value ($000) $85,749 Avg Close $163.63 Range $100.01 - $194.41

Q4 2019

Shares 595,577 Value ($000) $115,668 Avg Close $165.56 Range $146.52 - $174.77

Q3 2019

Shares 597,153 Value ($000) $108,319 Avg Close $161.51 Range $148.22 - $182.44

Q2 2019

Shares 599,627 Value ($000) $119,579 Avg Close $173.34 Range $164.54 - $184.28

Q1 2019

Shares 723,111 Value ($000) $135,142 Avg Close $150.47 Range $124.50 - $164.26

Q4 2018

Shares 747,355 Value ($000) $111,758 Avg Close $142.35 Range $120.21 - $160.07

Q3 2018

Shares 804,052 Value ($000) $145,133 Avg Close $147.16 Range $128.72 - $161.27

Q2 2018

Shares 740,232 Value ($000) $111,679 Avg Close $125.28 Range $109.19 - $136.18

Q1 2018

Shares 736,326 Value ($000) $99,978 Avg Close $122.67 Range $112.62 - $133.63

Q4 2017

Shares 724,282 Value ($000) $104,948 Avg Close $113.99 Range $106.48 - $124.43

Q3 2017

Shares 762,156 Value ($000) $100,788 Avg Close $102.71 Range $93.81 - $113.26

Q2 2017

Shares 885,667 Value ($000) $107,786 Avg Close $98.76 Range $93.02 - $105.49

Q1 2017

Shares 885,399 Value ($000) $99,138 Avg Close $97.78 Range $88.22 - $104.69

Q4 2016

Shares 883,440 Value ($000) $95,473 Avg Close $83.99 Range $74.46 - $92.84

Q3 2016

Shares 940,357 Value ($000) $91,271 Avg Close $75.16 Range $68.43 - $80.53

Q2 2016

Shares 921,664 Value ($000) $78,461 Avg Close $69.72 Range $63.83 - $76.86

Q1 2016

Shares 1,465,302 Value ($000) $121,986 Avg Close $61.54 Range $52.69 - $70.78

Q4 2015

Shares 1,432,371 Value ($000) $121,164 Avg Close $69.12 Range $61.01 - $79.94

Q3 2015

Shares 2,356,506 Value ($000) $180,037 Avg Close $65.12 Range $57.94 - $70.74

Q2 2015

Shares 2,209,777 Value ($000) $193,046 Avg Close $77.43 Range $69.21 - $84.64

Q1 2015

Shares 2,133,243 Value ($000) $219,553 Avg Close $84.19 Range $78.29 - $88.38

Q4 2014

Shares 2,189,529 Value ($000) $239,994 Avg Close $85.81 Range $79.24 - $92.28

Q3 2014

Shares 2,190,770 Value ($000) $244,490 Avg Close $82.62 Range $77.74 - $88.50

Q2 2014

Shares 1,554,548 Value ($000) $160,165 Avg Close $76.02 Range $70.92 - $81.20

Q1 2014

Shares 500,221 Value ($000) $48,606 Avg Close $71.41 Range $66.84 - $75.69

Q4 2013

Shares 34,128 Value ($000) $3,168 Avg Close $65.71 Range $58.01 - $71.47

Q3 2013

Shares 31,846 Value ($000) $2,463 Avg Close $56.99 Range $54.14 - $60.17

Q2 2013

Shares 31,846 Value ($000) $2,314 Avg Close $57.67 Range $53.20 - $61.33

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	22,293	$6,448	$288.62	$277.08 - $300.79
Q3 2025	21,685	$6,489	$276.03	$252.95 - $299.47
Q2 2025	19,598	$5,012	$233.06	$198.48 - $255.81
Q1 2025	18,420	$4,295	$239.35	$222.00 - $264.36
Q4 2024	18,940	$4,451	$248.46	$225.19 - $271.79
Q3 2024	17,489	$4,356	$233.00	$204.24 - $253.86
Q2 2024	17,805	$3,800	$224.21	$200.19 - $246.91
Q1 2024	175,819	$44,676	$237.76	$214.83 - $253.85
Q4 2023	268,246	$63,333	$200.12	$174.02 - $227.48
Q3 2023	518,990	$103,087	$205.00	$184.44 - $225.83
Q2 2023	527,114	$118,938	$200.25	$185.68 - $215.05
Q1 2023	560,912	$117,730	$216.72	$184.28 - $242.90
Q4 2022	775,440	$191,255	$220.43	$189.06 - $244.31
Q3 2022	808,814	$173,288	$222.85	$194.58 - $245.30
Q2 2022	797,051	$178,978	$226.47	$202.60 - $262.57
Q1 2022	781,002	$226,155	$252.93	$227.90 - $273.69
Q4 2021	771,690	$228,019	$255.22	$218.02 - $273.89
Q3 2021	784,035	$192,081	$233.46	$217.60 - $249.27
Q2 2021	548,887	$145,680	$250.29	$237.13 - $267.99
Q1 2021	558,464	$150,863	$228.85	$207.42 - $247.83
Q4 2020	572,177	$135,955	$204.73	$176.03 - $223.49
Q3 2020	594,760	$129,140	$179.92	$151.06 - $201.91
Q2 2020	1,185,492	$204,758	$150.98	$121.35 - $179.10
Q1 2020	591,734	$85,749	$163.63	$100.01 - $194.41
Q4 2019	595,577	$115,668	$165.56	$146.52 - $174.77
Q3 2019	597,153	$108,319	$161.51	$148.22 - $182.44
Q2 2019	599,627	$119,579	$173.34	$164.54 - $184.28
Q1 2019	723,111	$135,142	$150.47	$124.50 - $164.26
Q4 2018	747,355	$111,758	$142.35	$120.21 - $160.07
Q3 2018	804,052	$145,133	$147.16	$128.72 - $161.27
Q2 2018	740,232	$111,679	$125.28	$109.19 - $136.18
Q1 2018	736,326	$99,978	$122.67	$112.62 - $133.63
Q4 2017	724,282	$104,948	$113.99	$106.48 - $124.43
Q3 2017	762,156	$100,788	$102.71	$93.81 - $113.26
Q2 2017	885,667	$107,786	$98.76	$93.02 - $105.49
Q1 2017	885,399	$99,138	$97.78	$88.22 - $104.69
Q4 2016	883,440	$95,473	$83.99	$74.46 - $92.84
Q3 2016	940,357	$91,271	$75.16	$68.43 - $80.53
Q2 2016	921,664	$78,461	$69.72	$63.83 - $76.86
Q1 2016	1,465,302	$121,986	$61.54	$52.69 - $70.78
Q4 2015	1,432,371	$121,164	$69.12	$61.01 - $79.94
Q3 2015	2,356,506	$180,037	$65.12	$57.94 - $70.74
Q2 2015	2,209,777	$193,046	$77.43	$69.21 - $84.64
Q1 2015	2,133,243	$219,553	$84.19	$78.29 - $88.38
Q4 2014	2,189,529	$239,994	$85.81	$79.24 - $92.28
Q3 2014	2,190,770	$244,490	$82.62	$77.74 - $88.50
Q2 2014	1,554,548	$160,165	$76.02	$70.92 - $81.20
Q1 2014	500,221	$48,606	$71.41	$66.84 - $75.69
Q4 2013	34,128	$3,168	$65.71	$58.01 - $71.47
Q3 2013	31,846	$2,463	$56.99	$54.14 - $60.17
Q2 2013	31,846	$2,314	$57.67	$53.20 - $61.33