Equinor stock gets NOK 1.3 billion buyback correction

Published on 10/04/2026 at 22:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Equinor stock delivered USD 4.84 billion net income in Q2 2026, while production rose 3 percent year over year. Oslo shares closed at NOK 402.8 on October 2, 2026.

Fotorealistische Offshore-Ölplattform in rauer Nordsee mit Versorgungsschiff — Equinor ASA (NO0010096985) fördert Öl und Gas auf einer typischen Offshore-Plattform in der stürmischen Nordsee, Illustration mit AI erstellt.

Equinor (ISIN NO0010096985) stock closed at NOK 402.8 on the Oslo Stock Exchange on October 2, 2026, up 0.25 percent. The company corrected its buyback figures in a disclosure dated October 2, 2026, putting the total program value at NOK 1.302 billion.

Buyback total reaches NOK 1.302 billion

According to GlobeNewswire on October 2, 2026, Equinor had bought 3,778,442 shares under the program for a total transaction value of NOK 1,302,847,119. The corrected program allows purchases of up to NOK 1.971 billion and 19.6 million shares through January 15, 2027.

The latest disclosed transaction covered 379,361 shares bought on September 15, 2026, at an average price of NOK 419.1253. Following those purchases, Equinor held 19,798,825 own shares, equal to 0.83 percent of its share capital, according to GlobeNewswire.

Q2 profit and production set the base

Equinor's Q2 2026 results included USD 11.48 billion in adjusted operating income, USD 12.99 billion in operating income and USD 4.84 billion in net income. The figures were published by StockQuay for the quarter ended June 30, 2026.

Production reached 2,165,000 barrels of oil equivalent per day in Q2, a 3 percent increase from the same quarter of 2025. Equinor also reported adjusted earnings per share of USD 1.33 and maintained its 3 percent full-year production growth guidance, according to Benzinga.

Analyst targets remain below the ADR price

For the New York Stock Exchange ADR, the consensus rating is Hold among 7 analysts, with an average 12-month price target of USD 38.56. Financhill lists the target alongside a USD 42.56 reference price, showing that the consensus remains below the latest ADR quote.

October 28 results date is scheduled

Equinor's investor page schedules the Q3 2026 results analyst conference for October 28, 2026, while its dividend calendar lists a November 13, 2026 ex-dividend date for Oslo and November 16, 2026 for New York. The company also lists November 25, 2026 as the next payment date, according to Equinor.