Equinor ASA Announces Employee Share Buy-Back
Company Announcements

Equinor ASA Announces Employee Share Buy-Back

Equinor ASA (EQNR) has released an update.

Equinor ASA has announced a significant share buy-back program, aimed at acquiring up to 16.8 million shares for its employee share-based incentive programs, with a total purchase amount of NOK 1,156,000,000. As of August 15, 2024, the company has purchased 473,766 shares at an average price of NOK 297.6148, contributing to the total of 3,617,617 shares bought back under this program. Following these transactions, Equinor ASA now holds 1.20% of its own shares, intending to reduce the issued share capital.

For further insights into EQNR stock, check out TipRanks’ Stock Analysis page.

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