
(Source: Shutterstock.com)
Equinor ASA released on April 17 an aggregated overview of transactions made under its buyback of shares program for employees and management, previously announced Feb. 7.
The total purchase amount under the program is NOK 1.156 billion (US$105 million).
As of April 15, Equinor purchased 455,019 shares at the Oslo Stock Exchange at an average price of NOK 305.4815 per share (US$27.76).
Equinor said the maximum shares it could acquire is 16.8 million. That includes up to 7.4 million shares it can repurchase until May 15 — and up to 9.4 million shares until Jan. 15, 2025, when the buyback period ends.

Equinor owns 76.62 million shares, corresponding to 2.55% of Equinor’s share capital, following the completion of the buyback transactions.
Recommended Reading
Phillips 66 Buys EPIC’s Permian NGL Midstream Assets for $2.2B
2025-01-07 - Phillips 66 will buy EPIC’s NGL assets, including a 175,000 bbl/d pipeline that links production supplies in the Delaware and Midland basins and the Eagle Ford Shale to Gulf Coast fractionation complexes.
DNOW Closes Cash Acquisition of Water Service Company Trojan Rentals
2024-11-26 - DNOW Inc.’s acquisition of Trojan Rentals LLC is its third purchase aimed at providing a holistic water management solution to the market, the company said.
Hollub: Oxy Low Carbon Ventures Bolsters US Energy Independence
2024-11-18 - Occidental Petroleum is making a number of low-carbon moves in the Permian—a maneuver that will bolster the U.S.' energy independence, CEO Vicki Hollub told Hart Energy in an exclusive interview.
Martin Midstream Terminates Merger Agreement Following Pushback
2024-12-29 - Martin Midstream Partners will continue operating as a standalone publicly traded company following termination of its deal to merge with Martin Resource Management Corp.
Allete Gets OK From FERC for $6.2B Sale to Canada Pension Plan, GIP
2024-12-20 - Allete Inc. announced its acquisition by the Canada Pension Plan Investment Board and Global Infrastructure Partners in May.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.