Panoro Energy ASA Executes Share Buyback Strategy

Panoro Energy ASA (PESAF) has released an update.

Panoro Energy ASA has been actively purchasing its own shares under a share buyback program, acquiring a total of 699,000 shares, which now represent 0.6% of its share capital. From July 1 to July 5, 2024, the company bought back 29,000 shares at an average price of NOK 35.1248. This is part of an ongoing effort to repurchase up to NOK 100 million worth of shares, as facilitated by an agreement with Arctic Securities AS.

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