[6-K] Equinor ASA American Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Equinor ASA filed Form 6-K reporting activity in the third tranche of its 2025 share buy-back programme. Between 28 July and 1 August 2025 the company repurchased 1,249,021 shares on the Oslo Stock Exchange at an average price of NOK 266.0716, spending NOK 332.3 million.

Including previously disclosed purchases, the tranche now totals 1,768,321 shares bought at an average NOK 263.9796 for NOK 466.8 million. The tranche was announced 23 July and may run until 27 October 2025.

After these transactions Equinor holds 27,334,264 treasury shares (1.07 % of share capital). Excluding shares held for employee savings plans, treasury holdings amount to 18,145,509 shares (0.71 %). All figures are disclosed under EU Market Abuse Regulation requirements.

Positive

• Continued share buy-back demonstrates confidence in cash generation and commitment to shareholder returns.

Negative

• Small scale: purchases represent only ~0.05 % of shares outstanding, offering minimal per-share benefit.

Insights

Equity Research Analyst

TL;DR: Moderate capital return; immaterial to valuation but supportive to EPS.

The NOK 333 m repurchase equals roughly USD 31 m—trivial vs. Equinor’s >USD 90 bn market cap. Still, continual buy-backs show management’s commitment to shareholder returns, complementing cash dividends. At a 1 % holding, dilution risk is minimal, while incremental EPS accretion is negligible. Liquidity remains strong given robust cash flows from high commodity prices; no financing concerns arise. I view the event as neutral-to-slightly positive: it signals balance-sheet confidence without changing the investment thesis.

Portfolio Manager

TL;DR: Shareholder-friendly but not thesis-changing; watch aggregate program size.

The disclosed purchases continue a multi-tranche programme scheduled through October. Current tranche volume (1.77 m shares) equates to ~0.05 % of outstanding stock—too small to move the needle. Nevertheless, ongoing repurchases can provide technical support in weak markets and signal surplus cash generation. I rate the filing neutral until management discloses total 2025 buy-back authorisation and pace; larger scale could improve capital-return yield.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2025

Commission File Number: 1-15200

Equinor ASA
(Translation of registrant's name into English)

FORUSBEEN 50, N-4035, STAVANGER, NORWAY
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ X ]      Form 40-F [   ]

This Report on Form 6-K contains a press release issued by Equinor ASA on August 5, 2025, entitled “Equinor ASA: Share buy-back – third tranche for 2025”.

Equinor ASA: Share buy-back – third tranche for 2025

Please see below information about transactions made under the third tranche of the 2025 share buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR, CEUX:EQNRO, TQEX:EQNRO).

Date on which the buy-back tranche was announced: 23 July 2025.

The duration of the buy-back tranche: 24 July to no later than 27 October 2025.

Further information on the tranche can be found in the stock market announcement on its commencement dated 23 July 2025, available here: https://newsweb.oslobors.no/message/651645

From 28 July to 1 August 2025, Equinor ASA has purchased a total of 1,249,021 own shares at an average price of NOK 266.0716 per share.

Overview of transactions:

Date	Trading venue	Aggregated daily volume (number of shares)	Daily weighted average share price (NOK)	Total daily transaction value (NOK)
28 July	OSE	254,710	260.9079	66,455,851.21
	CEUX
	TQEX
29 July	OSE	248,934	268.5020	66,839,276.87
	CEUX
	TQEX
30 July	OSE	239,384	268.8934	64,368,777.67
	CEUX
	TQEX
31 July	OSE	252,243	266.0303	67,104,280.96
	CEUX
	TQEX
1 August	OSE	253,750	266.2494	67,560,785.25
	CEUX
	TQEX
Total for the period	OSE	1,249,021	266.0716	332,328,971.96
	CEUX
	TQEX
Previously disclosed buy-backs under the tranche	OSE	519,300	258.9479	134,471,659.82
	CEUX
	TQEX
	Total	519,300	258.9479	134,471,659.82
Total buy-backs under the tranche (accumulated)	OSE	1,768,321	263.9796	466,800,631.78
	CEUX
	TQEX
	Total	1,768,321	263.9796	466,800,631.78

 
Following the completion of the above transactions, Equinor ASA owns a total of 27,334,264 own shares, corresponding to 1.07% of Equinor ASA’s share capital, including shares under Equinor’s share savings programme (excluding shares under Equinor’s share savings programme, Equinor owns a total of 18,145,509 own shares, corresponding to 0.71% of the share capital).

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

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

Contact details:

Investor relations
Bård Glad Pedersen, senior vice president Investor Relations,
+47 918 01 791

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

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Equinor ASA
		(Registrant)
Date: August 5, 2025		/s/ TORGRIM REITAN
		Torgrim Reitan
		Chief Financial Officer

FAQ

How many Equinor (EQNR) shares were repurchased in the latest period?

Equinor bought 1,249,021 shares between 28 July and 1 August 2025.

What was the average price paid for the EQNR shares?

The average purchase price was NOK 266.0716 per share.

What is the total cost of the third tranche so far?

Cumulative spending is NOK 466.8 million for 1,768,321 shares.

What percentage of Equinor’s share capital is now held in treasury?

Equinor now holds 1.07 % of share capital as treasury shares.

How long will the current buy-back tranche run?

The tranche began 24 July 2025 and may run until 27 October 2025.