Equinor ASA has successfully reduced its share capital by NOK 415,146,180.00, following the completion of a creditor notice period. The reduction, which was resolved at the annual general meeting on 12 May 2026, was registered as effective with the Norwegian Register of Business Enterprises on 2 July 2026. This move adjusts the company's equity structure by cancelling and redeeming a total of 166,058,472 shares.

The share capital now stands at NOK 5,976,872,600.00, down from the previous NOK 6,392,018,780.00. The capital is divided into 2,390,749,040 shares, each carrying a nominal value of NOK 2.50. The reduction was executed to streamline the company's share capital and align with its strategic objectives.

Share Capital Details

The following table outlines the changes to Equinor ASA's share capital:

Regulatory Disclosures

The disclosure of this information complies with the requirements of Euronext Oslo Børs Rulebook II section 4.2.5.5 and Section 5-12 of the Norwegian Securities Trading Act. The company has ensured all procedural steps, including the creditor notice period, were fulfilled before the registration.

Equinor ASA's board and management remain focused on delivering value to shareholders through efficient capital management. The completion of this share capital reduction marks a significant step in the company's ongoing financial strategy.

TD Cowen analyst Jason Gabelman has maintained a Hold rating on Equinor (NYSE: EQNR) while lowering the price target to $37 from the previous $42. The revision adjusts the valuation outlook for the energy sector giant amid shifting market conditions.

The decision to lower the price target suggests a recalibration of future earnings expectations or commodity price forecasts. Equinor, a major integrated energy company, continues to navigate a complex global energy landscape marked by fluctuating demand and regulatory transitions.

Rating and Price Target Details

The updated guidance from TD Cowen provides investors with a revised benchmark for Equinor's stock performance. The table below summarizes the changes:

Maintaining a Hold rating typically indicates that the stock is expected to perform in line with the broader market or sector averages, without significant upside or downside relative to the new price target. Investors will likely monitor Equinor's operational updates and strategic shifts in the coming quarters.