tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Equinor ASA Advances Share Buy-Back Program

Equinor ASA Advances Share Buy-Back Program

Equinor ASA (EQNR) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Equinor ASA has completed the purchase of 2,265,000 of its own shares, for a total outlay of NOK 690 million, as part of the second tranche of its 2024 share buy-back program. This acquisition, taking place between May 20th and 24th, 2024, has increased Equinor ASA’s total ownership to 79,469,003 shares, representing 2.65% of the company’s share capital. The transactions are part of Equinor’s ongoing effort to adjust its capital structure and return value to shareholders.

For further insights into EQNR stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1