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Equinor Kicks Off $5B Share Repurchase Plan With Initial $1.2B Tranche Set For April 2025 Completion

Benzinga·02/05/2025 06:23:25
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In this first tranche, shares for up to USD 396 million will be purchased in the market, implying a total first tranche of up to USD 1.2 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 2 April 2025.

Equinor announces a share buy-back programme of up to USD 5 billion for 2025, including shares to be redeemed from the Norwegian State, in order to conclude the two-year programme for 2024 – 2025, announced in February 2024.