Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

Source: www.gulfoilandgas.com 6/7/2024, Location: Africa

Panoro Energy ASA (“Panoro” or the “Company”) initiated a share buyback program May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS.

For the period from and including 3 June through 7 June 2024, Panoro purchased a total of 170,000 shares at an average price of NOK 34.3133 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during the period.

The issuer's holding of own shares: 370,000

Following the completion of the above transactions, Panoro owned a total of 370,000 of its own shares, corresponding to 0.3163% of Panoro's share capital.


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