Equinor ASA: Buy-back of shares to share programmes for employees

·2 min read
Equinor ASA
Equinor ASA

Please see below information about transactions made under the buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the share-based incentive programmes for employees and management.

Date on which the buy-back programme was announced: 9 February 2022.

The duration of the buy-back programme: 15 February 2022 to 13 January 2023.

Size of the buy-back programme: The total purchase amount under the programme is NOK 1,413,000,000 and the maximum shares to be acquired is 20,800,000 shares, of which up to 10,400,000 shares can be acquired in the period from 15 February 2022 to 13 May 2022, and up to 10,400,000 shares can be acquired in the period from 15 June 2022 to 13 January 2023.

On 13 May 2022, Equinor ASA has purchased a total of 415,918 own shares at the Oslo Stock Exchange at an average price of NOK 331.8024 per share.

Aggregated overview of transactions per day:

Date

Aggregated volume (number of shares)

Weighted average share price (NOK)

Total transaction value (NOK)

13 May

415,918

331.8024

138,002,588

Previously disclosed buy-backs under the programme (accumulated)

1,165,822

292.4972

340,999,638

Total buy-backs under the programme

1,581,740

302.8325

479,002,226


Following the completion of the above transactions, Equinor ASA owns a total of 37,592,932 own shares, corresponding to 1.15 % of Equinor ASA’s share capital, including shares previously purchased for the share saving programme, and shares purchased under Equinor’s disclosed buy-back programme which will be used to reduce the issued share capital of the company.

This is information that Equinor ASA is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Appendix:
A detailed overview of all transactions made under the buy-back programme that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.

Further information from

Investor relations
Peter Hutton, senior vice president Investor Relations,
+44 7881 918 792 (mobile)

Media
Sissel Rinde, vice president Media Relations,
+ 47 412 60 584 (mobile)


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