Tue Sep 17 05:45:00 UTC 2024: ## Equinor Continues Share Buyback Program for Employee Incentives

**Oslo, Norway – September 17, 2024** – Equinor ASA, the Norwegian energy giant, has announced the completion of a recent round of share buybacks as part of its ongoing program to acquire shares for employee and management incentive programs.

The company, which has been buying back shares since February 2024, purchased a total of 473,766 shares on August 15th at an average price of NOK 297.6148 per share. This brings the total number of shares acquired under the program to date to 33,488,770, representing 1.20% of Equinor’s share capital.

The buyback program, which will run until January 15th, 2025, has a total budget of NOK 1,156,000,000 and aims to acquire up to 16,800,000 shares.

Equinor’s share buyback program is a key part of its employee incentive strategy, allowing the company to reward employees with equity while also potentially reducing the number of outstanding shares, which can increase earnings per share.

**For more information:**

* **Investor Relations:** Bård Glad Pedersen, +47 918 01 791
* **Media Relations:** Sissel Rinde, +47 412 60 584
* **Detailed transaction information:** http://www.newsweb.no

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