Panoro Energy updates on share buyback program progress

Panoro Energy ASA announced further transactions under its share buyback program, which commenced on June 2, 2025, with a target of repurchasing up to NOK 100 million worth of shares. Between August 28 and August 29, 2025, the company acquired 70,000 shares at an average price of NOK 23.7843, totaling NOK 1,664,899.

On August 28, Panoro bought 40,000 shares at NOK 23.6521, amounting to NOK 946,084. The following day, August 29, 30,000 shares were purchased at NOK 23.9605, totaling NOK 718,815. These recent transactions bring the cumulative number of shares bought back under the program to 854,250, with a total cost of NOK 20,736,605, excluding NOK 41,473 in commission costs.

Following these latest transactions, Panoro Energy ASA now holds 544,380 of its own shares, representing 0.47987% of its total share capital.