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Equinor ASA ( (GB:0M2Z) ) has shared an announcement.
Equinor has completed the first tranche of its 2026 share buyback programme, repurchasing a total of 3,896,543 shares at an average price of NOK 305.0881 and a total consideration of about NOK 1.19 billion. In the final week of the tranche, from 23 to 27 March, the company bought 463,958 shares at an average NOK 387.9314, underscoring continued capital returns to shareholders and active balance sheet management.
Following these transactions, Equinor now holds 64,652,070 treasury shares, equal to 2.53% of its share capital, including stock held for its employee share savings scheme. Excluding shares earmarked for employees, the company owns 54,799,296 shares, or 2.14% of the share capital, reinforcing its capacity to support shareholder distributions and potential future capital structure adjustments.
The most recent analyst rating on (GB:0M2Z) stock is a Hold with a NOK410.00 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 is a Norwegian energy company focused on oil, gas and renewable energy, with shares listed in Oslo, New York and other European trading venues. The group operates globally, supplying energy products and services to international markets while actively managing its capital structure through measures such as share buyback programmes.
Average Trading Volume: 5,196,028
Current Market Cap: NOK1018.3B
Find detailed analytics on 0M2Z stock on TipRanks’ Stock Analysis page.