Pharos Energy (GB:PHAR) has released an update.
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Pharos Energy has announced the purchase and cancellation of 26,751 ordinary shares as part of its ongoing share buyback program, which has seen a total of 29.4 million shares repurchased since July 2022. This move aims to enhance shareholder value and reflects the company’s commitment to financial growth. With interests in oil and gas fields in Egypt and Vietnam, Pharos continues to focus on sustainable growth and returns.
For further insights into GB:PHAR stock, check out TipRanks’ Stock Analysis page.
