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Panoro Energy Initiates NOK 100 Million Share Buy-Back Program

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Panoro Energy Initiates NOK 100 Million Share Buy-Back Program

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

Panoro Energy ASA has announced the launch of a share buy-back program, allowing the company to repurchase up to NOK 100 million of its outstanding common shares. This initiative aims to reduce the number of shares outstanding and provide a return to shareholders, with the program running from June 2025 to June 2026, in compliance with European regulations.

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. The company focuses on production, exploration, and development assets in Africa, with interests in offshore Equatorial Guinea, southern Gabon, Tunisia, and South Africa.

YTD Price Performance: -11.05%

Average Trading Volume: 483,622

Current Market Cap: NOK2.81B

Learn more about PESAF stock on TipRanks’ Stock Analysis page.

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