Pharos Energy (GB:PHAR) has released an update.
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Pharos Energy has bought back 61,739 of its own shares at a price of 22.20 pence each, as part of its ongoing share buyback program. This action reduces the total number of shares in circulation, potentially increasing the value of remaining shares for investors. The buyback reflects Pharos Energy’s commitment to returning value to its shareholders.
For further insights into GB:PHAR stock, check out TipRanks’ Stock Analysis page.