Equinor commences first tranche in share buy-back programme
Equinor (OSE: EQNR, NYSE: EQNR) today commences the first tranche of around USD 300 million, of the new share buy-back programme announced at the Capital Markets Day on 15 June 2021.
- Equinor (OSE: EQNR, NYSE: EQNR) today commences the first tranche of around USD 300 million, of the new share buy-back programme announced at the Capital Markets Day on 15 June 2021.
- For 2021 the share buy-back programme is expected at USD 600 million, including shares to be redeemed from the Norwegian State.
- The purpose of the share buy-back programme is to reduce the issued share capital of the company.
- The share buy-back programme will be structured into tranches where Equinor will buy back a certain value in USD of shares over a defined period.