23-07-2025
- Business
- Wall Street Journal
Equinor Launches $1.265 Billion Buyback; Earnings Boosted by U.S. Gas Prices
Equinor EQNR -0.23%decrease; red down pointing triangle said it would buy back up to $1.265 billion in shares after its second-quarter results were boosted by increased U.S onshore gas production and higher prices.
The Norwegian energy major on Wednesday launched the third tranche of its buyback and said it would deliver a quarterly dividend of $0.37 a share. It didn't propose an extraordinary dividend. A year earlier, Equinor proposed a quarterly dividend of $0.35 and an extraordinary dividend of $0.35.
