Equinor ASA Announces NOK 1.99 Billion Share Buyback Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
0mins
Source: Globenewswire
- Buyback Program Overview: Equinor ASA's announced buyback program totals NOK 1.99 billion, aiming to repurchase up to 19.08 million shares from February 14, 2025, to January 15, 2026, to support employee and management incentive plans.
- Repurchase Timeline: The program allows for the acquisition of up to 8.04 million shares between February 14, 2025, and May 15, 2025, and an additional 11.04 million shares from May 16, 2025, to January 15, 2026, ensuring flexible capital utilization and market adaptability.
- Transaction Details: As of January 15, 2026, Equinor has repurchased 702,268 shares on the Oslo Stock Exchange at an average price of NOK 247.77 per share, totaling NOK 173,999,819, reflecting the company's proactive buyback strategy in the market.
- Shareholding Analysis: Following the buybacks, Equinor owns 57,770,541 shares, representing 2.26% of the company's total share capital, which not only enhances shareholder value but also lays the groundwork for future capital structure optimization.
Analyst Views on EQNR
Wall Street analysts forecast EQNR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQNR is 23.89 USD with a low forecast of 22.00 USD and a high forecast of 25.79 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 25.630
Low
22.00
Averages
23.89
High
25.79
Current: 25.630
Low
22.00
Averages
23.89
High
25.79
About EQNR
Equinor ASA, formerly Statoil ASA is a Norway-based international energy company. The Company’s purpose is to turn natural resources into energy. Equinor sells crude oil and delivers natural gas to the European market. It is also engaged in processing, refining, offshore wind and carbon capture and storage activities. Equinor ASA has five reporting segments: Exploration & Production Norway (E&P Norway), Exploration & Production International (E&P International), Exploration & Production USA (E&P USA), Marketing, Midstream & Processing (MMP) and Renewables (REN). The Company has several subsidiaries such as Equinor Nigeria Energy Company Ltd, Equinor Wind Power AS, Equinor International Netherlands BV and Equinor Brasil Energia Ltda.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








