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Equinor ASA Launches Significant Share Buyback Program

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Equinor ASA Launches Significant Share Buyback Program

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Equinor ASA ( (GB:0M2Z) ) has issued an announcement.

Equinor ASA has announced a buyback program aimed at acquiring up to 19,080,000 shares, with a total purchase amount of up to NOK 1,992,000,000, to be used in share-based incentive programs for employees and management. This move is part of Equinor’s strategy to manage its share capital and enhance shareholder value, reflecting its commitment to maintaining a balanced capital allocation strategy.

The most recent analyst rating on (GB:0M2Z) stock is a Hold with a NOK270.00 price target. To see the full list of analyst forecasts on Equinor ASA stock, see the GB:0M2Z Stock Forecast page.

More about Equinor ASA

Equinor ASA operates in the energy industry, focusing primarily on oil, gas, and renewable energy solutions. It is a major player in the global energy market, with a strong presence in the production and exploration of hydrocarbons and a growing emphasis on sustainable energy practices.

Average Trading Volume: 3,202,529

Current Market Cap: NOK746.2B

For detailed information about 0M2Z stock, go to TipRanks’ Stock Analysis page.

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