Pharos Energy (GB:PHAR) has released an update.
Pharos Energy PLC has actively continued its share buyback program, purchasing 44,637 of its own ordinary shares on September 9, 2024, all at a price of 25.5 pence per share to be canceled. This latest transaction follows the company’s ongoing efforts to return value to shareholders, with a total of 27,417,585 shares acquired since July 2022. Following the buyback, Pharos Energy’s issued share capital consists of 424,927,842 ordinary shares, with 9,122,268 held in treasury.
For further insights into GB:PHAR stock, check out TipRanks’ Stock Analysis page.
