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

Source: www.gulfoilandgas.com 8/2/2024, Location: Europe

Panoro Energy ASA (“Panoro” or the “Company”) initiated a share buyback program on 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 29 July through 2 August 2024, Panoro purchased a total of 32,500 shares at an average price of NOK 32.094 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: 756,500

Following the completion of the above transactions, Panoro owned a total of 756,500 of its own shares, corresponding to 0.65% of Panoro's share capital.


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