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Equinor ASA ( (EQNR) ) has issued an announcement.
On January 15, 2025, Equinor ASA completed the fourth and final tranche of its 2024 share buy-back program. Between January 13 and January 14, 2025, the company purchased 689,000 shares at an average price of NOK 295.7596. The total accumulated shares bought back under the fourth tranche amount to 22,024,212 shares, with a total transaction value of NOK 5,902,667,484.32. This buy-back enhances Equinor’s financial strategy, potentially increasing shareholder value and reflecting its commitment to returning capital to investors. Following these transactions, Equinor holds 70,143,866 shares, representing 2.51% of its share capital.
More about Equinor ASA
Equinor ASA is a prominent player in the energy industry, primarily focused on the exploration and production of oil and gas. The company is headquartered in Stavanger, Norway, and operates globally with a significant market presence in the energy sector, including renewable energy investments.
YTD Price Performance: 3.83%
Average Trading Volume: 3,559,233
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $69.8B
For detailed information about EQNR stock, go to TipRanks’ Stock Analysis page.
