tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Panoro Energy ASA Initiates Share Buyback Program

Story Highlights
Panoro Energy ASA Initiates Share Buyback Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Panoro Energy ASA ( (PESAF) ) has provided an announcement.

Panoro Energy ASA has initiated a share buyback program to repurchase up to NOK 100 million worth of its common shares. During the period from July 4 to July 11, 2025, the company purchased 120,000 shares at an average price of NOK 22.9761 per share, totaling a transaction value of NOK 2,757,132. This move is part of a broader strategy to manage its share capital, with the company now holding 190,130 of its own shares, representing 0.1676% of its share capital.

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, including interests in offshore Equatorial Guinea, Gabon, Tunisia, and South Africa.

Average Trading Volume: 355,032

Current Market Cap: NOK2.59B

For a thorough assessment of PESAF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1