(Source: Shutterstock.com)
Equinor ASA released on April 17 an aggregated overview of transactions made under its buyback of shares program for employees and management, previously announced Feb. 7.
The total purchase amount under the program is NOK 1.156 billion (US$105 million).
As of April 15, Equinor purchased 455,019 shares at the Oslo Stock Exchange at an average price of NOK 305.4815 per share (US$27.76).
Equinor said the maximum shares it could acquire is 16.8 million. That includes up to 7.4 million shares it can repurchase until May 15 — and up to 9.4 million shares until Jan. 15, 2025, when the buyback period ends.
Equinor owns 76.62 million shares, corresponding to 2.55% of Equinor’s share capital, following the completion of the buyback transactions.
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