Equinor ASA ( (GB:0M2Z) ) just unveiled an announcement.
Equinor ASA has announced a share buyback program aimed at acquiring up to 19,080,000 shares with a total purchase amount of up to NOK 1,992,000,000. This initiative is part of their strategy to manage share-based incentive programs for employees and management, as well as to reduce the issued share capital, reflecting a strategic move to enhance shareholder value and optimize capital structure.
More about Equinor ASA
Equinor ASA is a prominent player in the energy industry, primarily focusing on oil and gas exploration and production. The company is also involved in renewable energy initiatives, positioning itself as a leader in the transition to sustainable energy solutions.
YTD Price Performance: -3.24%
Average Trading Volume: 607,473
Technical Sentiment Signal: Hold
Current Market Cap: NOK675.4B
Learn more about 0M2Z stock on TipRanks’ Stock Analysis page.