The latest update is out from Panoro Energy ASA ( (PESAF) ).
Panoro Energy ASA has been actively repurchasing its shares as part of a buyback program initiated in May 2024, aiming to repurchase up to NOK 100 million worth of shares. During the period from April 1 to April 4, 2025, the company acquired 70,000 shares at an average price of NOK 25.9612 per share, bringing its total holdings to 2,870,300 shares, which represents 2.4544% of its share capital. This buyback program may enhance shareholder value and reflects Panoro’s confidence in its financial position and future prospects.
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 under the ticker PEN. The company focuses on production, exploration, and development assets in Africa, with interests in offshore Equatorial Guinea, Gabon, Tunisia, and South Africa.
YTD Price Performance: -7.95%
Average Trading Volume: 12,500
Technical Sentiment Signal: Strong Buy
Current Market Cap: $281.1M
See more data about PESAF stock on TipRanks’ Stock Analysis page.