Panoro Energy Initiates Share Buy-back Program
Oslo, 23 May 2024 – The Board of Directors of Panoro Energy ASA (“Panoro” or the "Company") (OSE: PEN) has approved the launch of a share buy-back program that allows the Company to repurchase up to NOK 100 million of its outstanding common shares. Panoro has put in place an agreement with Arctic Securities AS ("Arctic"), for the repurchase of the Company's common shares in open market transactions on the OSE. Under this agreement, Arctic will make its own trading decisions independently of, and uninfluenced by, Panoro, subject to instructions provided by Panoro in the agreement. In