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Equinor ASA: Buy-back of shares to share programs 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 programs for employees and management.

Date on which the buy-back programme was announced: 9 February 2022.

The duration of the buy-back programme: 15 February 2022 to 13 January 2023.

Size of the buy-back programme: The total purchase amount under the programme is NOK 1,413,000,000 and the maximum shares to be acquired is 20,800,000 shares, of which up to 10,400,000 shares can be acquired in the period from 15 February 2022 to 13 May 2022, and up to 10,400,000 shares can be acquired in the period from 15 June 2022 to 13 January 2023.

On 15 February 2022, Equinor ASA has purchased a total of 428,573 own shares at the Oslo Stock Exchange at an average price of NOK 263.6656 per share.

Aggregated overview of transactions per day:

DateAggregated volume (number of shares)Weighted average share price (NOK)Total transaction value (NOK
15 February428,573263.6656112,999,957
    
Previously disclosed buy-backs under the programme (accumulated)0  
    
Total buy-backs under the programme428,573263.6656112,999,957

Following the completion of the above transactions, Equinor ASA owns a total of 27,905,378 own shares, corresponding to 0.86 % of Equinor ASA’s share capital, including shares previously purchased for the share saving programme, and shares purchased under Equinor’s disclosed buyback programme 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 buyback 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
Peter Hutton, senior vice president Investor Relations,
+44 7881 918 792 (mobile)

Media
Sissel Rinde, vice president Media Relations,
+ 47 412 60 584 (mobile)

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