BuybackJul 22, 2026, 06:07 AM
Equinor to Commence $1.125B Third Tranche of 2026 Share Buy-Back
AI Summary
Equinor ASA announced the commencement of the third tranche of its 2026 share buy-back program, valued at up to USD 1,125 million. This tranche, which includes up to USD 371.3 million in market purchases, will run from July 23, 2026, until October 26, 2026. The company had previously increased its total 2026 share buy-back program to up to USD 3 billion. All shares acquired under this tranche will be cancelled at the annual general meeting in May 2027, with the Norwegian State participating to maintain its 67% ownership.
Key Highlights
- Commencing third tranche of 2026 share buy-back program on July 23, 2026.
- Third tranche value up to USD 1,125 million.
- Up to USD 371.3 million will be purchased in the market for this tranche.
- Third tranche will end no later than October 26, 2026.
- Total 2026 share buy-back program increased to up to USD 3 billion.
- Shares purchased will be cancelled at the annual general meeting in May 2027.
- Norwegian State will redeem proportionate shares to maintain 67% ownership.
- Maximum 78 million shares authorized for purchase, with 74,465,025 remaining.
Price Impact
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