Equinor (EQNR) has released an update.
Equinor ASA has announced a significant buy-back of its shares, with a total purchase amount of NOK 1.156 billion, intending to acquire up to 16.8 million shares by January 2025. The shares are meant for employee share-based incentive programs, and as of March 15, 2024, the company has bought back 482,159 shares at an average price of NOK 279.9906. Through this initiative and previous buy-backs, Equinor ASA now holds 2.46% of its own shares, aiming to reduce the issued share capital.
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