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Pharos Energy Advances Share Buyback Strategy

Pharos Energy Advances Share Buyback Strategy

Pharos Energy (GB:PHAR) has released an update.

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Pharos Energy has announced the continuation of its share buyback program, purchasing 36,631 shares at a price of 22.538 pence per share on December 6, 2024. This move is part of a broader strategy to enhance shareholder value, which has seen the company buy back over 29 million shares since July 2022. The company’s ongoing efforts reflect its commitment to strengthening its financial position and optimizing returns for investors.

For further insights into GB:PHAR stock, check out TipRanks’ Stock Analysis page.

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