The latest announcement is out from Panoro Energy ASA ( (PESAF) ).
Panoro Energy ASA has been actively executing a share buyback program, purchasing 60,000 shares between April 14 and April 16, 2025, at an average price of NOK 22.6332 per share. This initiative is part of a larger effort to repurchase up to NOK 100 million worth of shares, enhancing shareholder value and consolidating ownership. Following these transactions, Panoro now holds 3,000,300 of its own shares, representing 2.5656% of its share capital, which could potentially strengthen its market position and investor confidence.
More about Panoro Energy ASA
Panoro Energy ASA is an independent exploration and production company based in London, listed on the Oslo Stock Exchange under the ticker PEN. The company is involved in the production, exploration, and development of assets in Africa, with interests in offshore blocks in Equatorial Guinea and Gabon, as well as assets in Tunisia and South Africa.
YTD Price Performance: -7.95%
Average Trading Volume: 12,500
Technical Sentiment Signal: Buy
Current Market Cap: $245.5M
For detailed information about PESAF stock, go to TipRanks’ Stock Analysis page.