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

January 18, 2024 
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 January 18, 2024, entitled "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: 8 February 2023.

The duration of the buy-back programme: 15 February 2023 to 15 January 2024.

Size of the buy-back programme: The total purchase amount under the programme is NOK 1,535,150,000 and the maximum shares to be acquired is 20,000,000 shares, of which up to 12,000,000 shares can be acquired in the period from 15 February 2023 to 10 May 2023, and up to 8,000,000 shares can be acquired in the period from 15 June 2023 to 15 January 2024.

On 15 January 2024, Equinor ASA has purchased a total of 419,574 own shares at the Oslo Stock Exchange at an average price of NOK 309.8379 per share.

This completes the buy-back programme for shares to be used in the share-based incentive programmes for employees and management announced 8 February 2023. In the period from 15 February 2023 and until 15 January 2024, Equinor ASA purchased a total of 4,744,068 shares at the Oslo Stock Exchange at an average price of NOK 323.5932 under the programme.

Aggregated overview of transactions per day:

Date

Aggregated volume
(number of shares)

Weighted average
share price (NOK)

Total transaction
value (NOK)

15 January 2024

419,574

309.8379

129,999,927

 

 

 

 

Previously disclosed buy-backs under the programme (accumulated)

4,324,494

324.9278

1,405,148,391

 

 

 

 

Total buy-backs under the programme

4,744,068

323.5932

1,535,148,318

 

Following the completion of the above transactions, Equinor ASA owns a total of 59,221,062 own shares, corresponding to 1.97% 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

 

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: January 18, 2024

By:

___/s/ Torgrim Reitan
Name: Torgrim Reitan
Title:     Chief Financial Officer


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