Equinor ASA (GB:0M2Z) has released an update.
Equinor ASA has announced details of its share buy-back program, aimed at facilitating share-based incentives for employees and management, with purchases of 535,816 shares completed at an average price of NOK 268.7489 each on September 13, 2024. The program, which runs from February 2024 to January 2025, has a total budget of NOK 1.156 billion for up to 16.8 million shares. After recent transactions, Equinor ASA holds 1.42% of its own shares, with the intention of reducing the company’s issued share capital.
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