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Pharos Energy Delays Final Dividend Payment Due to Bank Error

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Pharos Energy Delays Final Dividend Payment Due to Bank Error

Elevate Your Investing Strategy:

Pharos Energy ( (GB:PHAR) ) has shared an announcement.

Pharos Energy plc announced a delay in the final dividend payment for the financial year ended 31 December 2024, due to an administrative error at the company’s bank. The payment, originally scheduled for 18 July 2025, will now be made on 21 July 2025. This delay does not affect eligibility, and shareholders receiving payment via cheque remain unaffected.

The most recent analyst rating on (GB:PHAR) stock is a Hold with a £24.00 price target. To see the full list of analyst forecasts on Pharos Energy stock, see the GB:PHAR Stock Forecast page.

Spark’s Take on GB:PHAR Stock

According to Spark, TipRanks’ AI Analyst, GB:PHAR is a Outperform.

Pharos Energy’s strong valuation metrics and positive technical indicators drive its score, despite challenges in financial performance. The absence of earnings call data and recent positive corporate developments suggest potential for future growth.

To see Spark’s full report on GB:PHAR stock, click here.

More about Pharos Energy

Pharos Energy plc is an independent energy company focused on sustainable growth and returns, with operations in Vietnam and Egypt. The company is cash generative with a robust balance sheet, listed on the London Stock Exchange, and offers a portfolio of production, development, and exploration assets.

Average Trading Volume: 609,644

Technical Sentiment Signal: Hold

Current Market Cap: £87.72M

For a thorough assessment of PHAR stock, go to TipRanks’ Stock Analysis page.

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