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

September 19, 2022 5:00 AM
Globe Newswire

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 15 September 2022, Equinor ASA has purchased a total of 318,297 own shares at the Oslo Stock Exchange at an average price of NOK 367.5801 per share.

Aggregated overview of transactions per day:

Date Aggregated volume (number of shares) Weighted average share price (NOK) Total transaction value (NOK)
15 September 318,297 367.5801 116,999,639
Previously disclosed buy-backs under the programme (accumulated) 2,600,021 318.4586 827,999,036
Total buy-backs under the programme 2,918,318 323.8162 944,998,675

Following the completion of the above transactions, Equinor ASA owns a total of 33,810,027 own shares, corresponding to 1.06 % 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
Mads Holm, senior vice president Treasury & Tax and Investor Relations,
+47 909 55 417

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

 

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