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An announcement from Equinor ASA ( (EQNR) ) is now available.
On January 16, 2025, Equinor ASA announced the completion of its fourth tranche of the 2024 share buy-back program, which was initially announced on February 7, 2024. The program, running from February 15, 2024, to January 15, 2025, aimed to purchase up to 16,800,000 shares with a budget of NOK 1,774,000,000. On the final day, Equinor bought 522,506 shares at an average price of NOK 288.9915 each, totaling NOK 150,999,793. This buy-back is part of Equinor’s strategy to manage its share capital and reward employees, as it owns 2.53% of its share capital following these transactions.
More about Equinor ASA
Equinor ASA operates in the energy industry, primarily focusing on oil, gas, and renewable energy sources. It is headquartered in Stavanger, Norway, and is publicly traded on several stock exchanges including Oslo and New York.
YTD Price Performance: 4.48%
Average Trading Volume: 3,555,036
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $70.15B
For a thorough assessment of EQNR stock, go to TipRanks’ Stock Analysis page.
