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Pharos Energy Advances Share Buyback Initiative

Pharos Energy Advances Share Buyback Initiative

Pharos Energy (GB:PHAR) has released an update.

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Pharos Energy PLC has continued its share buyback program, purchasing 57,174 of its own shares on October 8, 2024, for cancellation, at a uniform price of 24.3500 pence per share. Following the transaction, the company’s issued share capital consists of 424,139,736 shares, with 9,122,268 held as treasury shares. This latest buyback is part of a larger initiative that has seen Pharos Energy buy back over 28 million shares since July 2022.

For further insights into GB:PHAR stock, check out TipRanks’ Stock Analysis page.

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