Equinor ASA 6-K, filed Feb 9, 2022
Equinor ASA (EQNR)
About this 6-K
Equinor ASA filed this 6-K on February 9, 2022.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2022
Commission File Number: 1-15200
Equinor ASA (Translation of registrant's name into English)
FORUSBEEN 50, N-4035, STAVANGER (Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
**Note:**Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
**Note:**Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On February 9, 2022, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
(c) Exhibit 99.1. Press release dated February 9, 2022
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Equinor ASA | |
|---|---|
| (Registrant) | |
| Date: February 9, 2022 | /s/ ULRICA FEARN |
| Ulrica Fearn | |
| Chief Financial Officer |
EdgarFiling
EXHIBIT 99.1
Equinor ASA: Buy-back of shares to share programs for employees
Equinor ASA (OSE: EQNR, NYSE: EQNR) has on 9 February 2022 engaged a third party to conduct repurchases of the company’s own shares to be used in the share-based incentive programs for employees and management for the period from 15 February 2022 until 13 January 2023.
Shares acquired under the buy-back programme in the period from 15 February 2022 to 13 May 2022 is based upon the authorization from the annual general meeting on 11 May 2021 and registered in the Norwegian register for business enterprises. According to the authorization, the maximum number of shares to be purchased in the market is 15,200,000, the minimum price that can be paid for the shares is NOK 50, and the maximum price is NOK 500. Share buyback after the annual general meeting 2022 is subject to a new authorization.
The buy-back programme is time-scheduled, and the share purchases shall take place on specific dates in the period from 15 February 2022 until 13 January 2023 with a determined purchase amount on each date, as set out in the buy-back programme.
The total purchase amount under the share buy-back programme is NOK 1,413,000,000. The maximum number of shares to be acquired is 20,800,000 shares, of which up to 10,400,000 shares can be acquired in the period from 15 February 2022 to 13 May 2022, and up to 10,400,000 shares can be acquired in the period from 15 June 2022 to 13 January 2023.
The shares shall be used to meet obligations towards employees who participate in the company’s share saving program and the long-term incentive scheme.
Shares will be purchased on the Oslo Stock Exchange. The share buy-back programme will be conducted in accordance with applicable safe harbour conditions, and as further set out i.a. in the Norwegian Securities Trading Act of 2007, EU Commission Regulation (EC) No 2016/1052 and the Oslo Stock Exchange's Guidelines for buy-back programmes and price stabilisation February 2021.
Further information from:
Investor relations Peter Hutton, senior vice president Investor Relations, +44 7881 918 792 (mobile)
Media Sissel Rinde, vice president Media Relations, +47 412 60 584 (mobile)
This is information that Equinor is obliged to make public pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.