Panoro Energy ASA ("Panoro" or the "Company") (OSE:
PEN) 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 04 - 08 November 2024, Panoro purchased a total of 10,000 shares at an average price of NOK 26.9030 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.
Transaction overview
Period total
Trading Venue: OSE
Volume: 10,000
Weighted average share price (NOK): 26.9030
Total daily cumulative transaction value (NOK): 269,030
Previously disclosed buy - backs under the program (accumulated)
Trading Venue: OSE
Volume: 1,271,500
Weighted average share price (NOK): 31.9212
Total daily cumulative transaction value (NOK): 40,587,841
Program total
Trading Venue: OSE
Volume: 1,281,500
Weighted average share price (NOK): 31.8821
Total daily cumulative transaction value (NOK): 40,856,871
The issuer's holding of own shares: 1,281,500
Following the completion of the above transactions, Panoro owned a total of 1,281,500 of its own shares, corresponding to 1.10% of Panoro's share capital.
Appendix:
An overview of all transactions made under the Company's repurchase program and its agreement with Arctic Securities that have been carried out during the above-mentioned time period is attached to this report and available at www.newsweb.no.
