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Panoro Energy ASA ( (PESAF) ) just unveiled an update.
Panoro Energy ASA has initiated a share buyback program to repurchase up to NOK 100 million of its common shares. During the period from June 10 to June 13, 2025, the company repurchased 100,000 shares at an average price of NOK 25.2207 per share, bringing the total shares repurchased to 225,000, which corresponds to 0.1983% of the company’s share capital. This strategic move could potentially enhance shareholder value and reflect confidence in the company’s future prospects.
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 focuses on production, exploration, and development assets in Africa, including offshore and onshore interests in Equatorial Guinea, Gabon, Tunisia, and South Africa.
Average Trading Volume: 451,127
Current Market Cap: NOK2.84B
See more data about PESAF stock on TipRanks’ Stock Analysis page.