FilingReader Intelligence

Pan African Resources executes share buyback program

July 9, 2025 at 05:09 AM UTCBy FilingReader AI

Pan African Resources, a South African gold producer, announced today the purchase of 150,000 of its own ordinary shares, each priced at GBP 0.01. The transaction, executed on July 7, 2025, was conducted through Peel Hunt LLP and falls under the company's share buyback program announced on June 30, 2025. The shares will be cancelled and delisted from the London Stock Exchange and Johannesburg Stock Exchange. The volume weighted average price paid per share was 48.09 pence. Following the buyback and cancellation, Pan African Resources will have 2,334,254,944 ordinary shares in issue, with 306,358,058 held in treasury.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:PANJohannesburg Stock Exchange
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