Panoro Energy ASA (PESAF) has released an update.
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Panoro Energy ASA has actively pursued its share buyback program, acquiring 20,000 shares for a total of NOK 586,218 in the last week of August 2024. With these recent transactions, the company now holds 961,500 of its own shares, which represents 0.82% of its share capital. The buyback initiative is part of a broader strategy to repurchase up to NOK 100 million worth of shares, demonstrating Panoro’s commitment to enhancing shareholder value.
For further insights into PESAF stock, check out TipRanks’ Stock Analysis page.