Pan African Resources buys back 400,000 shares

Pan African Resources PLC (JSE:PAN) announced that it purchased 400,000 of its own ordinary shares on July 2, 2025, in accordance with its previously announced share buyback program. The shares, priced between ZAR 47.10 and ZAR 47.55, were acquired through Peel Hunt LLP on the London Stock Exchange (LSE). The volume weighted average price paid per share was ZAR 47.25. Following the purchase, these shares will be cancelled and delisted from both the AIM market of the LSE and the Johannesburg Stock Exchange. Post-cancellation, Pan African will have 2,334,854,946 ordinary shares in issue, with 306,358,058 held in treasury.