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Equinor ASA Launches Significant Share Buyback Program

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Equinor ASA Launches Significant Share Buyback Program

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Equinor ASA ( (GB:0M2Z) ) has provided an announcement.

Equinor ASA has announced a share buyback program aimed at acquiring up to 19,080,000 shares, with a total purchase amount of NOK 1,992,000,000. As part of this initiative, the company has already purchased 738,999 shares on the Oslo Stock Exchange, contributing to its strategy of share-based incentive programs and capital reduction, thereby potentially enhancing shareholder value.

The most recent analyst rating on (GB:0M2Z) stock is a Sell with a NOK230.00 price target. To see the full list of analyst forecasts on Equinor ASA stock, see the GB:0M2Z Stock Forecast page.

More about Equinor ASA

Equinor ASA is a prominent player in the energy industry, primarily focusing on oil and gas exploration and production. The company is also involved in renewable energy initiatives, reflecting its commitment to transitioning towards sustainable energy solutions.

Average Trading Volume: 2,513,843

Current Market Cap: NOK598B

Learn more about 0M2Z stock on TipRanks’ Stock Analysis page.

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