Panoro Energy ASA ( (PESAF) ) has shared an announcement.
Panoro Energy ASA has been actively executing a share buyback program, repurchasing shares worth up to NOK 100 million. During the period from March 10 to March 14, 2025, the company bought back 87,000 shares at an average price of NOK 25.7855 per share, bringing its total shareholding to 2,653,300 shares, which is 2.2689% of its share capital. This strategic move is part of Panoro’s efforts to enhance shareholder value and optimize its capital structure.
More about Panoro Energy ASA
Panoro Energy ASA is an independent exploration and production company based in London and listed on the Oslo Stock Exchange. The company holds production, exploration, and development assets in Africa, including interests in offshore Equatorial Guinea, southern Gabon, Tunisia, and South Africa.
YTD Price Performance: 2.27%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $279.9M
See more insights into PESAF stock on TipRanks’ Stock Analysis page.