Pharos Energy Enhances Shareholder Value with Buyback

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

Pharos Energy has continued its share buyback program, purchasing and cancelling 25,759 ordinary shares at a consistent price of 21.89 pence each. This move reduces the total number of shares in circulation, potentially enhancing shareholder value. The company, with interests in Egypt and Vietnam, remains focused on sustainable growth and returns.

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