Equinor ASA Advances Share Buy-Back Program
Company Announcements

Equinor ASA Advances Share Buy-Back Program

Equinor ASA (EQNR) has released an update.

Equinor ASA has completed the purchase of 2,265,000 of its own shares, for a total outlay of NOK 690 million, as part of the second tranche of its 2024 share buy-back program. This acquisition, taking place between May 20th and 24th, 2024, has increased Equinor ASA’s total ownership to 79,469,003 shares, representing 2.65% of the company’s share capital. The transactions are part of Equinor’s ongoing effort to adjust its capital structure and return value to shareholders.

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

Related Articles
TheFlyEquinor shelves plans for European hydrogen pipeline, Energi reports
TheFlyEquinor upgraded to Hold from Sell at Berenberg
TheFlyEquinor price target lowered to NOK 340 from NOK 365 at BofA
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App