Equinor Executes Share Buyback as Part of Employee Incentive Strategy

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

Equinor repurchased 596,119 shares at NOK 266.73 each as part of its 2026 buyback programme. The NOK 1.971 billion programme supports employee incentive schemes through January 2027.

Equinor Executes Share Buyback as Part of Employee Incentive Strategy

Equinor ASA repurchased 596,119 shares on February 13, 2026, at an average price of NOK 266.73 per share, continuing execution of its 2026 share buyback programme announced on February 4. The programme, which runs through January 15, 2027, carries a total budget allocation of NOK 1.971 billion and is authorized to acquire up to 19.6 million shares.

Following the latest transaction, Equinor's treasury holdings increased to 61.3 million shares, equivalent to 2.40% of the company's total share capital. Share buyback programmes of this nature are commonly utilized by major corporations to provide shares for employee incentive schemes, including stock option plans and restricted share unit distributions.

The repurchase activity represents a standard component of Equinor's capital allocation strategy, alongside dividend payments and investment in its upstream oil and gas operations. The programme's structured timeline and defined parameters provide transparency to shareholders regarding the company's share management objectives.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 18

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