Equinor doubles 2026 buyback to $3 billion, raises dividend

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โดย Insider Monkey·Read original
Summary · why it matters

Equinor ASA announced plans to double its 2026 share buyback program to $3 billion, up from $1.5 billion, and will introduce a more predictable annual buyback framework of $2 billion to $4 billion by early next year. The company also intends to increase its quarterly cash dividend per share by more than 5%. Chief Executive Officer Anders Opedal stated the moves reflect confidence in continued global energy demand growth and the company's integrated portfolio across oil, gas, power generation, and marketing. Equinor is targeting total production of 2.3 million barrels of oil equivalent per day by 2030, an increase of about 150,000 barrels per day.

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Equinor doubles 2026 buyback to $3 billion and raises dividend, signaling confidence

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