Panoro Energy ASA ("Panoro") (OSE: PEN)
initiated a share buyback program on June 02, 2025, 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 (Arctic).
For the period from and including 02 June - 06 June 2025, Panoro purchased a total of 125,000 shares at an average price of NOK 23.8725 per share.
Transaction overview
2 June 25
Trading Venue: OSE
Volume: 25,000
Weighted average share price (NOK): 23.8773
Total daily cumulative transaction value (NOK): 596,933
3 June 25
Trading Venue: OSE
Volume: 25,000
Weighted average share price (NOK): 23.7545
Total daily cumulative transaction value (NOK): 593,862
4 June 25
Trading Venue: OSE
Volume: 25,000
Weighted average share price (NOK): 24.1047
Total daily cumulative transaction value (NOK): 602,618
5 June 25
Trading Venue: OSE
Volume: 25,000
Weighted average share price (NOK): 23.9196
Total daily cumulative transaction value (NOK): 597,990
6 June 25
Trading Venue: OSE
Volume: 25,000
Weighted average share price (NOK): 23.7065
Total daily cumulative transaction value (NOK): 592,662
Period total Previously disclosed buy - backs under the program (accumulated)
Volume: 125,000
Weighted average share price (NOK): 23.8725
Total daily cumulative transaction value (NOK): 2,984,065
* The commission cost to date for the share buy-back program amounts to NOK 5,968.
Program total cost: NOK 2,990,033
The issuer's holding of own shares: 125,000
Following the completion of the above transactions, Panoro owned a total of 125,000 of its own shares, corresponding to 0.110% of Panoro's share capital.
