The latest announcement is out from Panoro Energy ASA ( (PESAF) ).
Panoro Energy ASA announced the continuation of its share buyback program, purchasing 107,700 shares between January 2 and January 10, 2025, at an average price of NOK 28.9444 per share. This move is part of a broader strategy to repurchase up to NOK 100 million worth of shares, strengthening its market position and potentially increasing shareholder value, as the company now holds 1.36% of its own shares.
More about Panoro Energy ASA
Panoro Energy ASA is an independent exploration and production company based in London, listed on the Oslo Stock Exchange. It holds various assets in Africa, including offshore blocks in Equatorial Guinea and Gabon, as well as assets in Tunisia and South Africa.
YTD Price Performance: 0.0%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $294.4M
For detailed information about PESAF stock, go to TipRanks’ Stock Analysis page.