-+ 0.00%
-+ 0.00%
-+ 0.00%

Equinor to Launch Up to $1.13 Billion Fourth Tranche of Share Buyback Program

MT Newswires·10/28/2026 02:32:28
Listen to the news
02:32 AM EDT, 10/28/2026 (MT Newswires) -- Equinor (EQNR.OL) will begin the up to $1.13 billion fourth tranche of its up to $1.5 billion 2026 share buyback program on Thursday, according to a Wednesday filing. The Norwegian energy group said up to $371.3 million of the fourth tranche allocation will be used for repurchases of up to 65,708,418 shares from the market, while the remainder is earmarked for redemptions from the Norwegian state. Shares acquired under the program will be canceled, in line with the company's capital reduction strategy. The fourth tranche will run until Feb. 1, 2027.