Equinor ASA Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated December 17, 2024, reports on share buy-back transactions executed by Equinor ASA under the fourth tranche of its 2024 share buy-back programme. The programme was announced on October 24, 2024, and runs from October 25, 2024, to no later than January 31, 2025.
Key Financial Metrics and Transaction Details
The filing details specific repurchase activity occurring between December 9 and December 13, 2024, on the Oslo Stock Exchange (OSE). No financial metrics regarding revenue, profit, cash flow, or debt are provided in this specific filing.
- Shares Purchased (Dec 9-13): 1,500,000 shares
- Average Price: NOK 264.3957 per share
- Total Transaction Value: NOK 369,593,500.00
- Accumulated Buy-backs (Tranche 4): 12,535,212 shares at an average price of NOK 264.8138, totaling NOK 3,319,497,170.62
Material Changes and Share Ownership
Following these transactions, Equinor ASA's total holdings of own shares increased to 60,654,866, representing 2.17% of the company's share capital (including shares under the share savings programme). Excluding the share savings programme, the company holds 51,667,027 own shares, or 1.85% of share capital.
Guidance, Outlook, and Risks
This filing does not contain management commentary on operational outlook, financial guidance, or specific risk factors. It is a mandatory disclosure pursuant to the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act regarding share repurchases.
Key Facts for Investor Verification
- Verify the total number of shares repurchased under the fourth tranche (12,535,212) against the programme's maximum authorized limit.
- Confirm the current percentage of treasury shares held (2.17% total) relative to the company's authorized buy-back cap.
- Note that all reported transactions in this period occurred exclusively on the Oslo Stock Exchange (OSE).
- Review the full transaction appendix available at www.newsweb.no for granular daily data.