In-Depth Look at Equinor ASA's Recent Share Buyback Program

Insights into Equinor ASA's Share Buyback Program

Equinor ASA has been actively engaging in its share buyback program, showcasing a commitment to enhancing shareholder value. This program, which is currently in its third tranche for the year, reflects the company’s strong financial position and strategic direction in the energy sector. The third tranche was designed to run from late July through October, signaling a continuous effort to return value to investors.

Total Transactions and Average Prices

From early September to mid-September, Equinor ASA executed a total of 1,200,000 share purchases at an average share price of NOK 267.7785. The consistent buying during this period indicates a robust strategy likely aimed at bolstering share performance.

Detailed Overview of the Transactions

The transactions were completed across different trading platforms, predominantly on the Oslo Stock Exchange (OSE). The breakdown of daily purchases on specific dates illustrates a significant commitment:

• On 9 September, Equinor purchased 300,000 shares at NOK 268.2963 each, translating to a total transaction value of NOK 80,488,890.
• Similar purchases were made on 10 September, with an identical volume and an average price slightly increasing to NOK 268.9753.
• As these acquisitions continued through the 11th and 12th of September, each day recorded similar volumes and fairly competitive prices, showcasing a strategic approach during market fluctuations.

By the end of this period, Equinor ASA had reinforced confidence in its operations, reflecting a total of 39,587,447 owned shares, corresponding to approximately 1.42% of its total share capital. The significance of this statistic cannot be overstated, particularly in how it establishes a solid foundation for future earnings and market perceptions.

Impacts of the Share Buyback on Shareholder Value

When a company engages in share buybacks, it often aims to boost the stock price, thereby providing immediate value to its shareholders. This not only signifies confidence in the current market position but also may lead to improved earnings per share (EPS) due to the reduced number of shares outstanding.

Equinor's Long-term Vision

The ongoing buyback initiatives are a strategic movement from Equinor ASA, aiming to align its growth strategies, dividend policies, and overall financial health with the interests of its shareholders. Investors typically respond positively to such programs, reflecting broader industry trends and the company's readiness to leverage its assets and enhance profitability.

Investor Relations and Media Contact Information

For additional inquiries regarding the buyback program or other investor-related concerns, Equinor encourages reaching out to:

Investor Relations
Bård Glad Pedersen, Senior Vice President Investor Relations,
+47 918 01 791

Media Relations
Sissel Rinde, Vice President Media Relations,
+47 412 60 584

Frequently Asked Questions

What is the purpose of Equinor ASA's share buyback program?

The share buyback program is intended to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share.

How many shares did Equinor buy in the third tranche?

In the third tranche, Equinor purchased a total of 1,200,000 shares from September 9 to September 13.

At what average price were the shares bought?

The average price for the shares purchased during this period was NOK 267.7785 per share.

What percentage of total shares does Equinor now own?

Equinor ASA owns 1.42% of its total share capital after the buyback, which includes the shares from its share savings program.

Who can I contact for more information?

For more detailed inquiries, you can contact Bård Glad Pedersen or Sissel Rinde at the provided phone numbers.

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