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Panoro Energy ASA Executes Share Buyback Program

Story Highlights
  • Panoro Energy ASA is an independent exploration and production company with assets in Africa.
  • Panoro has repurchased 594,250 shares, reflecting 0.2507% of its share capital, under a buyback program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Panoro Energy ASA Executes Share Buyback Program

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Panoro Energy ASA ( (PESAF) ) has shared an update.

Panoro Energy ASA has been actively executing a share buyback program, repurchasing up to NOK 100 million worth of its common shares. As of July 25, 2025, the company has acquired a total of 594,250 shares, representing 0.2507% of its share capital, with a total program cost of NOK 14,339,947. This strategic move is likely aimed at enhancing shareholder value and reflects confidence in the company’s financial stability.

More about Panoro Energy ASA

Panoro Energy ASA is an independent exploration and production company based in London, listed on the Oslo Stock Exchange. The company holds production, exploration, and development assets in Africa, with interests in offshore Equatorial Guinea, southern Gabon, Tunisia, and South Africa.

Average Trading Volume: 334,926

Current Market Cap: NOK2.71B

See more insights into PESAF stock on TipRanks’ Stock Analysis page.

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