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Equinor ASA ( (EQNR) ) has shared an announcement.
Equinor ASA announced the completion of transactions under the fourth tranche of its 2024 share buy-back program. Between December 16 and December 20, 2024, the company repurchased a total of 2.8 million shares at an average price of NOK 253.4739, amounting to a total transaction value of NOK 709.7 million. This buy-back activity is part of Equinor’s ongoing efforts to manage its capital structure and return value to its shareholders. Following these transactions, Equinor owns approximately 2.27% of its own shares, underscoring its commitment to enhancing shareholder value in a competitive energy market.
More about Equinor ASA
Equinor ASA is a leading energy company based in Norway, engaged primarily in the exploration, production, and distribution of oil and gas. It operates globally, focusing on the development of sustainable energy solutions and is listed on several stock exchanges including the Oslo Stock Exchange and the New York Stock Exchange.
YTD Price Performance: -22.44%
Average Trading Volume: 3,804,594
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $61.53B
For detailed information about EQNR stock, go to TipRanks’ Stock Analysis page.
