Equinor ASA Announces Buy-Back Results for 2025 Tranche
Equinor ASA's 2025 Share Buy-Back Program Details
Equinor ASA (OSE:EQNR) recently provided updates regarding its fourth tranche of the share buy-back program for 2025. This initiative is part of the company's continued efforts to enhance shareholder value and maintain a robust capital structure.
Overview of the Buy-Back Program
The buy-back program aims to repurchase shares from the open market, signaling confidence in the company's financial health. The duration for this tranche is set from late October to early February, providing a window for strategic purchases.
Volume and Average Price
During a recent period from late November to late November, Equinor ASA successfully bought back a total of 1,629,893 shares. The average price paid was NOK 231.8121 per share, indicating a significant commitment to returning capital to shareholders.
Transaction Insights
Following these transactions, it is important to highlight the aggregated trading activity:
- Strategic Dates: Transactions primarily took place between November 24 and November 28, which are crucial for the accumulation of shares.
- Total Shares Purchased: As of this report, it includes detailed activities across multiple trading platforms.
Detailed Trading Summary
Upon analyzing the trading summary for the recent buy-backs, we found that Equinor executed substantial purchases across different trading venues. The records show various trading days where notable volumes were acquired that underline the company’s strategic approach to capital management.
Equinor's Ownership Metrics
After conducting these transactions, Equinor ASA now holds a total of 50,476,174 shares. This represents approximately 1.97% of the company’s share capital. If we exclude the shares held under the share savings program, this figure drops to 39,783,512 shares, which corresponds to about 1.56% of the share capital. These ownership percentages highlight Equinor's committed strategy towards enhancing its shareholder structure.
Importance of Transparency
As a company committed to transparency, Equinor ASA fulfills the requirements of the EU Market Abuse Regulation, especially concerning market disclosures. This assures investors that they are kept informed of significant financial activities and company policies.
Contact Information for Investor Relations
Equinor ASA encourages open communication with stakeholders. For investor relations inquiries, please reach out to:
Bård Glad Pedersen - Senior Vice President, Investor Relations
Contact: +47 918 01 791
For media inquiries, please contact:
Sissel Rinde - Vice President, Media Relations
Contact: +47 412 60 584
In summary, Equinor ASA’s ongoing commitment to shareholder value and transparency is evident through this latest share buy-back tranche, illustrating a solid approach towards maintaining a strong market presence. These strategic actions not only enhance stakeholder value but also demonstrate confidence in the company's future performance.
Frequently Asked Questions
What is the purpose of Equinor ASA's buy-back program?
The buy-back program aims to repurchase shares to enhance shareholder value and improve the capital structure by demonstrating confidence in the company's financial health.
How many shares did Equinor ASA repurchase during this tranche?
Equinor ASA repurchased a total of 1,629,893 shares during this tranche of the buy-back program.
What was the average price per share for the transactions?
The average price per share during the repurchase was NOK 231.8121.
How much of Equinor ASA's share capital do the repurchased shares represent?
The purchased shares represent approximately 1.97% of Equinor ASA's total share capital.
Who can be contacted for more information regarding investor relations?
Bård Glad Pedersen, Senior Vice President of Investor Relations, can be contacted at +47 918 01 791 for inquiries related to investor relations.
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