EQNR completes third 2025 buy-back tranche, raises holdings to 1.50%

Rhea-AI Filing Summary

Equinor ASA reported third tranche activity under its 2025 share buy-back programme. The tranche was announced 23 July 2025 and runs from 24 July to no later than 27 October 2025. Between 22 September and 26 September 2025 Equinor purchased 1,343,874 own shares at an average price of NOK 250.4636 per share. After these transactions Equinor holds 38,336,337 own shares, equal to 1.50% of share capital when including shares in the company share savings programme; excluding those savings-program shares the company holds 28,427,670 own shares, or 1.11% of share capital. The release notes regulatory disclosure obligations under the EU Market Abuse Regulation and Norwegian law and points readers to the tranche commencement announcement and a transaction appendix on newsweb.

Insights

Financial Analyst

TL;DR: The announced repurchases are a modest, capital-return action that reduces free float and signals management confidence.

Purchasing 1.34 million shares at an average of NOK 250.4636 is a measurable buy-back within the announced tranche timeframe and increases Equinor's own holdings to 1.50% of share capital including savings-program shares. For investors this is a capital-allocation move that can support EPS and returns per share if sustained, while the disclosed average price provides transparency on execution cost. The transaction size relative to outstanding shares is small and consistent with a routine tranche under a larger 2025 programme rather than an extraordinary event.

Corporate Governance Expert

TL;DR: The filing follows regulatory disclosure requirements and provides necessary transaction detail.

The Form 6-K notifies markets of repurchase activity, specifies timeframe and volumes, and distinguishes holdings including/excluding the share savings programme. This level of disclosure aligns with EU Market Abuse Regulation obligations. There is no indication of change in governance, executive compensation policy, or extraordinary transactions; the disclosure is procedural and transparent.

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 September 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 September 30, 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 22 September to 26 September 2025, Equinor ASA has purchased a total of 1,343,874 own shares at an average price of NOK 250.4636 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)
22 September	OSE	271,914	241.9024	65,776,649.19
	CEUX
	TQEX
23 September	OSE	259,402	245.6816	63,730,298.40
	CEUX
	TQEX
24 September	OSE	272,311	251.6089	68,515,871.17
	CEUX
	TQEX
25 September	OSE	282,867	256.4059	72,528,767.72
	CEUX
	TQEX
26 September	OSE	257,380	256.5851	66,039,873.04
	CEUX
	TQEX
Total for the period	OSE	1,343,874	250.4636	336,591,459.52
	CEUX
	TQEX
Previously disclosed buy-backs under the tranche	OSE	10,706,608	250.4958	2,681,960,251.17
	CEUX
	TQEX
	Total	10,706,608	250.4958	2,681,960,251.17
Total buy-backs under the tranche (accumulated)	OSE	12,050,482	250.4922	3,018,551,710.69
	CEUX
	TQEX
	Total	12,050,482	250.4922	3,018,551,710.69

Following the completion of the above transactions, Equinor ASA owns a total of 38,336,337 own shares, corresponding to 1.50% 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 28,427,670 own shares, corresponding to 1.11% 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: September 30, 2025		/s/ TORGRIM REITAN
		Torgrim Reitan
		Chief Financial Officer

FAQ

What did Equinor (EQNR) disclose about the third buy-back tranche?

Equinor disclosed that between 22 September and 26 September 2025 it repurchased 1,343,874 shares at an average price of NOK 250.4636 under the third tranche of its 2025 buy-back programme.

How many shares does Equinor now hold after the transactions?

After these purchases Equinor holds 38,336,337 own shares (including shares under the share savings programme), corresponding to 1.50% of share capital.

What is Equinor's holding excluding the share savings programme?

Excluding shares in the share savings programme, Equinor holds 28,427,670 own shares, equal to 1.11% of share capital.

When was the buy-back tranche announced and what is its duration?

The tranche was announced on 23 July 2025 and the duration runs from 24 July to no later than 27 October 2025.

Where can I find the full transaction list and original announcement?

The tranche commencement announcement and an appendix with all transactions are available on Equinor's news distribution (newsweb) as referenced in the filing.