Equinor To Buy Back $1.8B Of Shares

By Dawood Fakhir (July 27, 2022, 5:16 PM BST) -- Norwegian multinational energy company Equinor said Wednesday it will buy back up to $1.83 billion of its shares during the third tranche of its share buyback plan between Thursday and Oct. 26.

The new tranche increases the size of Equinor ASA's 2022 repurchase plan to $6 billion, its board said Wednesday when reporting second quarter results of the company.

The petroleum refining company, majority owned by the Norwegian government and listed on the Oslo and New York stock markets, will buy approximately $605 million of the shares listed on the Oslo stock exchange, and the rest from the state of Norway....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!