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The latest announcement is out from Panoro Energy ASA ( (PESAF) ).
Panoro Energy ASA has been actively executing a share buyback program, initiated in May 2024, to repurchase up to NOK 100 million of its common shares. During the period from March 24 to March 28, 2025, the company repurchased 72,000 shares at an average price of NOK 26.9645 per share, bringing its total holdings to 2,800,300 shares, which accounts for 2.395% of its share capital. This strategic move is part of Panoro’s efforts to enhance shareholder value and optimize its capital structure.
More about Panoro Energy ASA
Panoro Energy ASA is an independent exploration and production company based in London, listed on the Oslo Stock Exchange under the ticker PEN. The company holds production, exploration, and development assets in Africa, including interests in offshore Equatorial Guinea, Gabon, Tunisia, and South Africa.
YTD Price Performance: 2.27%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $309.5M
See more insights into PESAF stock on TipRanks’ Stock Analysis page.