Equinor will launch the third tranche of its 2026 share buyback program on July 23, 2026, with a total value of up to $1.125 billion. This tranche includes market purchases of up to $371.3 million, with the remainder coming from shares to be redeemed from the Norwegian state. The overall 2026 buyback program was initially set at up to $1.5 billion and later increased to up to $3 billion, including state shares, and is divided into tranches. For this third tranche, Equinor will enter into an irrevocable agreement with an independent third party to execute the repurchases. The purpose is to reduce outstanding share capital, and all repurchased shares will be cancelled through a capital reduction at the annual general meeting in May 2027.
Equinor ASA ADREquinor launches third tranche of 2026 share buyback worth up to $1.125 billion, reducing outstanding shares
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