-- Equinor (EQNR.OL) said Wednesday that it will launch the second tranche of its share buyback worth up to $1.5 billion after its annual general meeting on May 12.
The Norwegian energy company enlisted an undisclosed third party to repurchase up to $375 million, of which $123.8 million will be bought back in the market. The program will run until July 20.
Repurchased shares will be canceled via a capital decrease at the annual general meeting in May 2027.