Pharos Energy Enhances Shareholder Value with Buyback

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

Pharos Energy has executed a share buyback, purchasing 40,449 ordinary shares at a price of 23.2 pence each, as part of its ongoing buyback program. This move is part of the company’s strategy to enhance shareholder value, having bought back over 29 million shares since the program’s inception in 2022. The company’s focus remains on sustainable growth, with key interests in oil and gas exploration across Egypt and Vietnam.

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