EQNR 2025 Buy-Back: 8.8M shares repurchased, NOK 2.24B spent

Rhea-AI Filing Summary

Equinor ASA filed a Form 6-K on 24 June 2025 detailing activity in the second tranche of its 2025 share-buy-back programme. The tranche, announced 30 April 2025, runs from 16 May to no later than 21 July 2025.

Between 16 June and 20 June 2025 the company repurchased 1,938,262 shares on the Oslo Stock Exchange (OSE) at a weighted average price of NOK 279.0310, spending NOK 540.8 million. Daily volumes ranged from 380,512 to 392,300 shares, with daily cash outlays in the NOK 107–108 million range.

Cumulatively under this tranche, Equinor has now bought back 8,813,206 shares at an average price of NOK 253.6736, for total consideration of NOK 2.236 billion.

After these transactions the company holds 95,575,655 treasury shares, equal to 3.42 % of total share capital (or 3.10 % excluding shares held for the employee share-savings programme).

The disclosure is made in accordance with the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act. A complete transaction list is available through Newsweb. Investor Relations contact: Bård Glad Pedersen (+47 918 01 791). Media contact: Sissel Rinde (+47 412 60 584).

Positive

• NOK 540.8 million spent to repurchase 1.94 million shares, reinforcing commitment to capital returns.
• Total 2025 tranche now at 8.81 million shares (NOK 2.24 billion), demonstrating steady execution.
• Treasury holding reaches 3.42 % of outstanding shares, potentially enhancing per-share metrics.

Negative

• None.

Insights

Financial Analyst

TL;DR: Equinor repurchased 1.94 M shares, lifting total 2025 tranche to 8.8 M; treasury position now 3.42 % of stock—shareholder-friendly.

The filing confirms continued execution of Equinor’s authorised 2025 buy-back. The NOK 540 million spent this week brings cumulative outlay to NOK 2.24 billion, reducing free-float and signalling management’s confidence in valuation. The aggregate 3.42 % treasury position provides flexibility for future cancellation or incentive programmes. No earnings or funding details accompany the filing, but the scale of repurchases is modest relative to Equinor’s market capitalisation, suggesting limited balance-sheet strain. Overall impact is incrementally positive for per-share metrics and capital-return narrative.

Portfolio Manager

TL;DR: Routine tranche update; buy-backs support EPS accretion yet are too small to shift valuation materially—moderately positive.

From an allocation standpoint, the weekly purchase equates to roughly 0.07 % of shares outstanding, so near-term supply-demand impact is minor. However, continued execution de-risks programme delivery and demonstrates disciplined capital allocation amid volatile energy markets. Investors focused on capital returns will view the 3.42 % treasury balance favourably. Absence of adverse disclosures keeps the filing clean. Net effect: positive sentiment booster, but not game-changing.

 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

June 24, 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 offices )

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

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):           
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):           

This Report on Form 6-K contains a press release issued by Equinor ASA on June 24, 2025, entitled "Equinor ASA: Share buy-back – second tranche for 2025 ".

 

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

Please see below information about transactions made under the second 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: 30 April 2025.
The duration of the buy-back tranche: 16 May to no later than 21 July 2025.

Further information on the tranche can be found in the stock market announcement on its commencement dated 30 April 2025, available here: https://newsweb.oslobors.no/message/644796

From 16 June to 20 June 2025, Equinor ASA has purchased a total of 1,938.262 own shares at an average price of NOK 279.0310 per share.

Overview of transactions:

Date	Trading venue	Aggregated daily volume (number of shares)	Weighted average share price (NOK)	Total transaction value (NOK)
 	 	 	 	 
16 June	OSE	392,300	275.1081	107,924,907.63
 	CEUX	 	 	 
 	TQEX	 	 	 
 	 	 	 	 
17 June	OSE	387,100	277.2183	107,311,203.93
 	CEUX	 	 	 
 	TQEX	 	 	 
 	 	 	 	 
18 June	OSE	387,500	279.0002	108,112,577.50
 	CEUX	 	 	 
 	TQEX	 	 	 
 	 	 	 	 
19 June	OSE	380,512	283.5646	107,899,733.08
 	CEUX	 	 	 
 	TQEX	 	 	 
 	 	 	 	 
20 June	OSE	390,850	280.3807	109,586,796.60
 	CEUX	 	 	 
 	TQEX	 	 	 
 	 	 	 	 
Total for the period	OSE	1,938,262	279.0310	540,835,218.73
 	CEUX	 	 	 
 	TQEX	 	 	 
 	 	 	 	 
Previously disclosed buy-backs under the tranche	OSE	6,874,944	246.5245	1,694,842,228.49
	CEUX	 	 	 
	TQEX	 	 	 
	Total	6,874,944	246.5245	1,694,842,228.49
 	 	 	 	 
Total buy-backs under the tranche (accumulated)	OSE	8,813,206	253.6736	2,235,677,447.22
	CEUX	 	 	 
	TQEX	 	 	 
	Total	8,813,206	253.6736	2,235,677,447.22

 

Following the completion of the above transactions, Equinor ASA owns a total of 95,575,655 own shares, corresponding to 3.42% 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 86,684,533 own shares, corresponding to 3.10% 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

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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)  
Dated: June 24, 2025	By:	___/s/ Torgrim Reitan Name: Torgrim Reitan Title:     Chief Financial Officer

FAQ

How many shares did Equinor (EQNR) buy back between 16-20 June 2025?

Equinor repurchased 1,938,262 shares during that period.

What was the average price paid for the latest EQNR buy-back?

The weighted average price was NOK 279.0310 per share.

How much has Equinor spent on the second tranche of its 2025 buy-back so far?

Total spend is NOK 2.236 billion for 8,813,206 shares.

What percentage of its own shares does Equinor now hold?

Equinor holds 3.42 % of share capital, or 3.10 % excluding employee programme shares.

When does the current buy-back tranche end?

The tranche runs until no later than 21 July 2025.