Equinor Initiates Share Buyback Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2026
0mins
Should l Buy EQNR?
Source: Newsfilter
- Buyback Program Overview: Equinor ASA announced on February 4, 2026, that it will conduct a share buyback from February 13, 2026, to January 15, 2027, to support employee and management incentive plans, with a total buyback amount expected to reach NOK 1.971 billion.
- Quantity and Pricing: Under the authorization from the annual general meeting on May 14, 2025, a maximum of 14.4 million shares can be repurchased, with a price range between NOK 50 and NOK 1,000 per share, reflecting the company's commitment to shareholder returns.
- Schedule and Execution: The buyback will occur on specific dates, with the first phase (February 13 to May 15, 2026) allowing for the repurchase of up to 7.92 million shares, and the second phase (May 15, 2026, to January 15, 2027) allowing for up to 11.68 million shares, ensuring orderly implementation of the plan.
- Compliance and Transparency: This buyback program complies with the Norwegian Securities Trading Act and EU Market Abuse Regulation, ensuring the company's adherence to legal requirements and enhancing investor confidence through transparency.
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Analyst Views on EQNR
Wall Street analysts forecast EQNR stock price to fall
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 29.830
Low
22.00
Averages
23.89
High
25.79
Current: 29.830
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.
- Stock Price Surge: Equinor ASA (NYSE:EQNR) shares rose 7.17% to $31.97 in premarket trading on Monday, nearing their annual peak, driven by Brent crude's sharp increase due to U.S.-Iran tensions, highlighting market concerns over energy security.
- New Oil Field Discovery: Equinor and its partners uncovered a commercial oil reserve in the Snorre area of the North Sea, with initial estimates suggesting recoverable oil equivalents between 25 and 89 million barrels, set for swift and cost-efficient development, significantly enhancing the utilization of existing infrastructure.
- Innovative Development Strategy: The Omega South initiative serves as a pilot for a novel subsea field development approach, allowing for planning before discovery, facilitating production startup within two to three years, significantly cutting costs and expediting timelines, supporting Equinor's goal of maintaining approximately 1.2 million barrels of daily production through 2035.
- Importance of Energy Security: Norwegian oil and gas meet 20% of Europe's oil needs and 30% of its gas requirements, with Equinor emphasizing the urgent need to ramp up exploration and accelerate new developments to address declining production from existing fields while optimizing its oil and gas portfolio to support a responsible energy transition.
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- Joint Military Action: The US and Israel conducted joint strikes on Iran over the weekend, resulting in the death of Supreme Leader Khamenei and over 555 casualties, indicating a deepening military collaboration that could escalate regional conflicts.
- Market Reaction: Norwegian energy giant Equinor's stock rose by 9%, reflecting market concerns over potential oil supply disruptions, highlighting the direct impact of geopolitical tensions on energy markets.
- Future Predictions: According to Polymarket, the probability of a ceasefire by March 15 is only 26%, while March 31 stands at 46%, indicating market expectations for further deterioration of the situation.
- Clear Military Objectives: Defense Secretary Hegseth stated that the mission aims to destroy Iran's missile capabilities and production, ensuring that Iran cannot acquire nuclear weapons, a strategic intent that will have profound implications for Middle Eastern security.
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Trump's Stance on Iran: President Trump expressed dissatisfaction with Iran's negotiation approach, indicating that they are not willing to compromise significantly.
Concerns Over Enrichment: Trump emphasized that there should be no enrichment of uranium by Iran, reiterating a hardline stance on nuclear negotiations.
Frustration with Current Negotiations: He conveyed that the current state of negotiations with Iran is unsatisfactory and does not meet U.S. expectations.
Overall Sentiment: Trump's comments reflect a broader frustration with Iran's actions and the ongoing diplomatic efforts surrounding their nuclear program.
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- Dividend Announcement: Equinor ASA has declared a cash dividend of $0.37 per share for Q3 2025, based on the average USD/NOK fixing rate from Norges Bank around the record date, indicating the company's strong cash flow and profitability.
- NOK Conversion: The average fixing rate of 9.5267 results in a total cash dividend of NOK 3.5249 per share, reflecting the company's resilience amid foreign exchange fluctuations, which is likely to bolster investor confidence.
- Payment Schedule: The cash dividend will be paid on February 27, 2026, to relevant shareholders on the Oslo Børs and to holders of American Depositary Receipts on the New York Stock Exchange, ensuring the interests of international investors are met.
- Compliance Disclosure: This announcement is published in accordance with the Continuing Obligations and complies with the disclosure requirements of section 5-12 of the Norwegian Securities Trading Act, demonstrating the company's commitment to transparency and regulatory compliance.
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- Dividend Trading Begins: Equinor ASA's shares will be traded on the Oslo Stock Exchange starting today, excluding the third quarter 2025 cash dividend, demonstrating the company's ongoing commitment to shareholder returns.
- Dividend Details Announced: The ex-dividend date is set for February 16, 2026, with a dividend amount of $0.37, reflecting the company's stable cash flow and profitability.
- Compliance Information Disclosure: This information is published in accordance with the Continuing Obligations requirements and adheres to the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act, ensuring transparency and compliance.
- Market Reaction Anticipation: This dividend announcement may influence investor demand for Equinor shares, potentially enhancing its investment appeal in the energy market.
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- Buyback Program Overview: Equinor ASA announced on February 4, 2026, that it will conduct a share buyback from February 13, 2026, to January 15, 2027, to support employee and management incentive plans, with a total buyback amount expected to reach NOK 1.971 billion.
- Quantity and Pricing: Under the authorization from the annual general meeting on May 14, 2025, a maximum of 14.4 million shares can be repurchased, with a price range between NOK 50 and NOK 1,000 per share, reflecting the company's commitment to shareholder returns.
- Schedule and Execution: The buyback will occur on specific dates, with the first phase (February 13 to May 15, 2026) allowing for the repurchase of up to 7.92 million shares, and the second phase (May 15, 2026, to January 15, 2027) allowing for up to 11.68 million shares, ensuring orderly implementation of the plan.
- Compliance and Transparency: This buyback program complies with the Norwegian Securities Trading Act and EU Market Abuse Regulation, ensuring the company's adherence to legal requirements and enhancing investor confidence through transparency.
See More





