Equinor to start second tranche of $375M share buy-back program after May 12 AGM.

Equinor will begin the second tranche of its 2026 share buy-back program, targeting up to $375 million, following the annual general meeting on May 12, 2026. This tranche includes $123.8 million worth of shares to be purchased on the market, with the remainder redeemed from the Norwegian State, which will maintain its 67% ownership. The buy-back aims to reduce the company's issued share capital, with all repurchased shares to be cancelled at the May 2027 AGM. Future tranches will depend on board approval and agreements with the Norwegian State, aligning with Equinor's dividend policy and market conditions.