Panoro Energy Advances Share Buyback Program

Panoro Energy ASA (PESAF) has released an update.

Panoro Energy ASA has been actively purchasing its own shares, acquiring 150,000 shares for a total of NOK 4.55 million at an average price of NOK 30.3144 each, from August 19 to August 23, 2024. This buyback is part of a larger program to repurchase shares worth up to NOK 100 million, with the company now holding 941,500 of its own shares, which amounts to 0.81% of its share capital.

For further insights into PESAF stock, check out TipRanks’ Stock Analysis page.