Equinor ASA Announces First Buy-Back Tranche for 2025
Equinor ASA's Strategic Buy-Back Initiative for 2025
Equinor ASA (OSE: EQNR, NYSE: EQNR) is excited to share details about its first tranche of the buy-back program for 2025. This strategic initiative aims to enhance shareholder value while also demonstrating the company’s confidence in its business prospects and overall market position.
Tranche Announcement and Duration
This particular tranche was officially announced on February 5, 2025. The buy-back will be in effect from February 6 through April 2, 2025, providing an excellent opportunity for investors to gain insight into the company’s ongoing development.
Transaction Details
From March 10 to March 14, Equinor ASA executed the purchase of a total of 2,400,000 shares at an average price of NOK 258.5822 each. This demonstrates their proactive approach in managing capital while ensuring a strong return for shareholders.
Overview of Transactions
On March 10, 2025, Equinor made significant transactions across different trading venues, acquiring:
- 600,000 shares on the Oslo Stock Exchange at NOK 258.1264
The following day, March 11, saw continued activity, with similar quantities acquired, indicating solid demand and investor interest. On March 12, and March 13, further purchases were made, culminating in a robust performance throughout the series of buy-backs.
Shareholder Impact and Total Shares Owned
Following these transactions, Equinor ASA now holds a total of 82,666,499 of its own shares, which corresponds to approximately 2.96% of the company's total share capital. This includes shares allocated under Equinor’s share savings program, further illustrating the company's commitment to empowering its shareholders.
Regulatory Compliance and Shareholder Transparency
This announcement includes information Equinor ASA is required to disclose in accordance with the EU Market Abuse Regulation and the Norwegian Securities Trading Act. This regulatory framework is designed to ensure transparency and protect investors in financial markets.
Equinor continues to prioritize clear communication with shareholders, thus reinforcing its commitment to responsible management and investment strategies.
Investor Relations Contacts
For additional information regarding the share buy-back program and other inquiries, you can reach out to the following key contacts:
Investor Relations: Bård Glad Pedersen, Senior Vice President
Phone: +47 918 01 791
Media Relations: Sissel Rinde, Vice President
Phone: +47 412 60 584
Frequently Asked Questions
What is the purpose of Equinor's share buy-back program?
The program aims to enhance shareholder value and reflects the company's confidence in its future prospects.
How many shares has Equinor repurchased in this tranche?
Equinor has repurchased a total of 2,400,000 shares in this first tranche.
What was the average price per share during the recent transactions?
The average price of shares repurchased was NOK 258.5822 each.
Who can investors contact for more information?
Investors can contact Bård Glad Pedersen for investor relations or Sissel Rinde for media inquiries.
What percentage of the company do Equinor's shares represent post-buy-back?
Post-buy-back, Equinor owns approximately 2.96% of its total share capital.
About The Author
Contact Kelly Martin privately here. Or send an email with ATTN: Kelly Martin as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
