Panoro Energy ASA ( (PESAF) ) has shared an update.
Panoro Energy ASA has continued its share buyback program, purchasing a total of 135,000 shares in the period from February 10 to February 14, 2025, at an average price of NOK 28.8308 per share. This brings the total number of repurchased shares under the program to 2,142,300, which is 1.8319% of the company’s share capital. This strategic move is part of Panoro’s efforts to manage its capital structure and potentially enhance shareholder value.
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 Equatorial Guinea, Gabon, Tunisia, and South Africa.
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $292.5M
For detailed information about PESAF stock, go to TipRanks’ Stock Analysis page.