Equinor ASA (EQNR) has released an update.
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.