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An announcement from Panoro Energy ASA ( (PESAF) ) is now available.
Panoro Energy ASA has been actively engaging in a share buyback program, initiated on June 2, 2025, with the aim to repurchase up to NOK 100 million worth of its common shares. Recently, the company acquired 70,000 shares at an average price of NOK 23.7843 per share, bringing the total number of shares repurchased under the program to 854,250. This strategic move is part of Panoro’s efforts to manage its capital structure and potentially enhance shareholder value. Following these transactions, Panoro now holds 544,380 of its own shares, representing approximately 0.47987% of its share capital.
More about Panoro Energy ASA
Panoro Energy ASA is an independent exploration and production company headquartered in London and listed on the Oslo Stock Exchange under the ticker PEN. The company focuses on production, exploration, and development assets in Africa, with interests in offshore Equatorial Guinea, southern Gabon, Tunisia, and onshore South Africa.
Average Trading Volume: 367,420
Current Market Cap: NOK2.69B
See more insights into PESAF stock on TipRanks’ Stock Analysis page.