Thursday, 19 September 2024
Home Equinor ASA: Buy-back of shares to share programmes for employees

The following content is a news release issued by and distributed by . The original news release may be found here.

Equinor ASA: Buy-back of shares to share programmes for employees

Please see below information about transactions made under the buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the share-based incentive programmes for employees and management.

Date on which the buy-back programme was announced: 7 February 2024.

The duration of the buy-back programme: 15 February 2024 to 15 January 2025.

Organizations

Size of the buy-back programme: The total purchase amount under the programme is NOK 1,156,000,000 and the maximum shares to be acquired is 16,800,000 shares, of which up to 7,400,000 shares can be acquired in the period from 15 February 2024 to 15 May 2024, and up to 9,400,000 shares can be acquired in the period from 16 May 2024 to 15 January 2025.

On 13 September 2024, Equinor ASA has purchased a total of 535,816 own shares at the Oslo Stock Exchange at an average price of NOK 268.7489 per share.

Aggregated overview of transactions per day:

DateAggregated volume (number of shares)Weighted average share price (NOK) Total transaction value (NOK) 
13 September 2024535,816268.7489143,999,961
Previously disclosed buy-backs under the programme (accumulated)3,617,617287.75821,040,999,069
Total buy-backs under the programme4,153,433285.30591,184,999,030


Following the completion of the above transactions, Equinor ASA owns a total of 39,587,447 own shares, corresponding to 1.42% of Equinor ASA’s share capital, including shares purchased under the previous buy-back programme for the share-based incentive programmes for employees, and shares purchased under Equinor’s disclosed buy-back programmes which will be used to reduce the issued share capital of the company.

This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Appendix:
A detailed overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

Further information from

Investor relations
Bård Glad Pedersen, senior vice president Investor Relations,
+47 918 01 791

Media
Sissel Rinde, vice president Media Relations,
+ 47 412 60 584

Attachment ...


Read the full news release here

Related Articles

Netley Creek and The Red River enter Lake Winnipeg just north of Winnipeg, Sunday, May 15, 2022. A Manitoba court is being asked to declare Lake Winnipeg a person with Constitutional rights to life, liberty and security of person. THE CANADIAN PRESS/John Woods/POOL
BiodiversityCourtsEnvironmentIndigenousLegislationRegulationsResiliency

‘She is dying’: Lawsuit asks Lake Winnipeg to be legally defined as a person

A lawsuit seeks to grant Lake Winnipeg constitutional rights, pushing for environmental...

FILE - This photo provided by the Center for Biological Diversity shows a Tiehm's buckwheat plant near the site of a proposed lithium mine in Nevada, May 22, 2020. (Patrick Donnelly/Center for Biological Diversity via AP, File)
BiodiversityCritical MineralsElectric VehiclesEnvironmentMiningRegulations

US agency review says Nevada lithium mine can co-exist with endangered flower

U.S. completes review of Nevada lithium mine, says project will supply critical...

FILE PHOTO: A self-driving GM Bolt EV is seen during a media event where Cruise, GM's autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo
Electric VehiclesRegulations

GM’s Cruise to begin testing autonomous vehicles in California

GM's self-driving unit Cruise will begin supervised testing with up to five...

BiofuelsClimateEmissionsEnvironment

US generated fewer renewable blending credits in August, EPA says

About 1.32 billion ethanol (D6) blending credits were generated last month, compared...

Login into your Account

Please login to like, dislike or bookmark this article.