Equinor acquires 689,489 shares under NOK 1.992B programme for employee incentives

Rhea-AI Filing Summary

Equinor ASA reported continuation of its announced share buy-back to fund employee and management share-based incentive programmes. The programme, announced 5 February 2025, runs from 14 February 2025 to 15 January 2026 with a total purchase capacity of NOK 1,992,000,000 and a maximum of 19,080,000 shares (allocated across two sub-periods). On 15 September 2025 Equinor purchased 689,489 own shares on the Oslo Stock Exchange at an average price of NOK 240.7580 per share. After these transactions Equinor holds 35,914,506 own shares, representing 1.40% of its share capital. The report states some repurchased shares were acquired under prior programmes and that disclosed purchases may also be used to reduce issued share capital.

Insights

Financial Analyst

TL;DR: Equinor continues a sizable, disclosed buy-back to fund employee incentives; recent purchases are modest relative to program limits.

The buy-back programme totals NOK 1.992 billion for up to 19.08 million shares, split across two periods. The 15 September purchase of 689,489 shares at an average NOK 240.7580 is a routine execution under the announced mandate and increases Equinor's holdings to 35.9 million shares (1.40% of share capital). This report provides explicit transaction details and confirms the dual purpose of shares for incentive programmes and potential capital reduction.

Corporate Governance Expert

TL;DR: The filing documents compliance with disclosure rules while allocating repurchased shares to employee incentives and possible capital reduction.

The report follows EU Market Abuse Regulation disclosure obligations and clarifies how repurchases will be used, including share-based incentive plans and previously disclosed capital-reduction programmes. The explicit aggregation of total own shares held and the percentage of share capital enhances transparency for governance and shareholder oversight.

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 18, 2025, entitled “Equinor ASA: Buy-back of shares to share programmes for employees”.

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

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: 5 February 2025.

The duration of the buy-back programme: 14 February 2025 to 15 January 2026.

Size of the buy-back programme: The total purchase amount under the programme is NOK 1,992,000,000 and the maximum shares to be acquired is 19,080,000 shares, of which up to 8,040,000 shares can be acquired in the period from 14 February 2025 to 15 May 2025, and up to 11,040,000 shares can be acquired in the period from 16 May 2025 to 15 January 2026.

On 15 September 2025, Equinor ASA has purchased a total of 689,489 own shares at the Oslo Stock Exchange at an average price of NOK 240.7580 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 2025	689,489	240.7580	165,999,993
Previously disclosed buy-backs under the programme (accumulated)	4,438,977	254.5630	1,129,999,097
Total buy-backs under the programme	5,128,466	252.7070	1,295,999,090

Following the completion of the above transactions, Equinor ASA owns a total of 35,914,506 own shares, corresponding to 1.40% of Equinor ASA’s share capital, including shares purchased under the previous buy-back programme for the share-based incentive programmes for employees, and shares purchased under Equinor’s disclosed buy-back programmes 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
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 18, 2025		/s/ TORGRIM REITAN
		Torgrim Reitan
		Chief Financial Officer

FAQ

What buy-back programme did Equinor announce and when?

Equinor announced a buy-back programme on 5 February 2025 to acquire shares for employee and management incentive programmes.

What is the total size and maximum shares of the Equinor buy-back programme?

The programme allows total purchases of NOK 1,992,000,000 and up to 19,080,000 shares.

How many shares did Equinor buy on 15 September 2025 and at what price?

On 15 September 2025 Equinor purchased 689,489 shares at an average price of NOK 240.7580 per share.

How many own shares does Equinor hold after the reported transactions?

Following the transactions Equinor holds 35,914,506 own shares, representing 1.40% of its share capital.

What is the duration of the buy-back programme?

The buy-back programme runs from 14 February 2025 to 15 January 2026 with two acquisition sub-periods specified.