Equinor ASA is continuing the implementation of the second phase of its 2025 share buyback programme, conducting significant operations on the Oslo Stock Exchange (Oslo Børs) between July 7 and 11. During this period, the Norwegian company repurchased 2,104,470 of its own shares at a weighted average price of $95.52 per share, for a total value of $201 mn. This programme was announced on April 30 for a period running from May 16 to July 21, according to the group’s official statement.
An operation focused on the Norwegian market
The transactions were carried out exclusively on Oslo Børs, with daily volumes ranging between 411,657 and 430,000 shares. Daily amounts averaged around $42 mn. No trades were reported on other trading platforms such as CEUX or TQEX during this sequence. The average share price increased from $93.34 to $97.97, reflecting the stock’s evolution over the period.
Equinor ASA had previously repurchased 13,006,750 shares during the same phase, at an average price of $92.11 per share, for a total of $1.2 bn. All buybacks conducted in this second tranche bring the total to 15,111,220 shares and a global value of $1.4 bn, based on an average price of $92.53 per share.
Impact on capital structure
Following these transactions, Equinor ASA holds 24,002,342 of its own shares, representing 0.94% of total share capital, including shares allocated to the employee savings plan. Excluding the savings plan, the company holds 15,111,220 treasury shares, equivalent to 0.59% of capital.
All information related to these transactions is available in the group’s official communications. Equinor ASA continues to deploy its shareholder return strategy in accordance with the parameters announced on April 30. The progress of the buyback programme is monitored by the market and institutional investors.
In an official notification published on Oslo Børs, Equinor ASA stated: “The transactions carried out comply with the shareholder return policy for the current fiscal year,” according to the company’s announcement.
