Equinor ASA Advances Share Buy-back Program

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https://www.tipranks.com/news/the-fly/slb-price-target-lowered-to-61-from-64-at-jefferies

An announcement from Equinor ASA ( (EQNR) ) is now available.

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Equinor ASA has announced a share buy-back program as part of its strategy to manage its share capital. Under the fourth tranche of the 2024 program, the company has repurchased 550,515 shares at the Oslo Stock Exchange, with the total buy-backs amounting to 1,622,998,617 NOK thus far. These repurchases are intended to support the company’s employee share programs and reduce the issued share capital, reflecting Equinor’s ongoing commitment to optimizing shareholder value.

More about Equinor ASA

Equinor ASA is a major player in the energy industry, primarily focusing on oil, gas, and renewable energy solutions. The company operates globally, providing energy and related services, and is listed on multiple stock exchanges including the Oslo Stock Exchange and the New York Stock Exchange.

YTD Price Performance: -17.05%

Average Trading Volume: 3,899,392

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $65B

Find detailed analytics on EQNR stock on TipRanks’ Stock Analysis page.

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