FINWIRES · TerminalLIVE
FINWIRES

Equinor to Double 2026 Share Buyback to $3 Billion; Sees Production Growth Ahead

By

Equinor (EQNR) said Tuesday it will double share buyback to $3 billion in 2026 and expects annual share repurchases of $2 billion to $4 billion from 2027.

The company said it aims to continue growing the quarterly cash dividend by more than 5$ per share annually.

Equinor expects production to grow by 150,000 barrels of oil equivalent per day to 2.3 million boe per day by 2030, while power production is expected to exceed 20 terawatt-hours in 2030, mainly from projects in execution.

It anticipates free cash flow, after capital expenditure and lease payments, to exceed $40 billion over the 2026 to 2030 period, the company said.

Price: $33.97, Change: $-0.29, Percent Change: -0.85%

Related Articles

Wire

Adaptive Biotechnologies Weighs Separation of Immune Medicine Unit; Shares Fall After Hours

Adaptive Biotechnologies (ADPT) is evaluating strategic and structural alternatives for its immune medicine segment in a plan to separate the business from its minimal residual disease division.A decision on the separation is expected by year-end, the company said Monday in a statement.Adaptive shares fell 5.6% in after-hours trading.

$ADPT
Wire

High Tide Swings to Fiscal Q2 Profit, Revenue Rises; Shares Gain After Hours

High Tide (HITI) reported fiscal Q2 adjusted earnings late Monday of 0.01 Canadian dollars per diluted share, compared with the loss of C$0.04 a year earlier.Three analysts surveyed by FactSet expected a loss of C$0.02.Revenue in the three months ended April 30 rose to C$179.3 million from C$137.8 million a year ago.Analysts surveyed by FactSet expected C$171.2 million.High Tide shares rose 15% in after-hours trading.

$HITI
Wire

Dave & Buster's Entertainment Fiscal Q1 Adjusted Earnings, Revenue Decline

Dave & Buster's Entertainment (PLAY) reported fiscal Q1 non-GAAP net income late Monday of $0.22 per diluted share, down from $0.76 a year earlier.Analysts polled by FactSet expected $0.56.Revenue for the quarter ended May 5 was $559.2 million, down from $567.7 million a year earlier.Analysts expected $580.6 million.Shares of the company were down about 4% in after-hours trading.

$PLAY