Equinor to start second tranche of $375M share buyback program after May 12 meeting

Equinor announced it will begin the second tranche of its 2026 share buyback program, totaling up to $375 million, following the shareholder meeting on May 12, 2026. This tranche includes up to $123.8 million of shares to be bought on the market, with the remainder involving shares redeemed from the Norwegian state. The buyback aims to reduce the company's issued share capital and will conclude by July 20, 2026. The program is subject to board approval and an agreement with the Norwegian state, with shares repurchased in this tranche to be cancelled at the 2027 general meeting.