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Pantoro Gold launched a A$200M share buyback, up to 10% of shares, citing strong gold production and cash flow.
Pantoro Gold announced a 12-month on-market share buyback program, purchasing up to 10% of its shares—about 38.3 million—worth up to A$200 million, following strong cash flows from its Norseman Gold Project.
The move, requiring no shareholder approval, reflects confidence in the company’s financial health and growth prospects, fueled by record production, high gold grades, and a net cash position.
The buyback aims to return value to shareholders amid elevated gold prices and strong operational performance.
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Pantoro Gold lanzó una recompra de acciones de A $ 200M, hasta un 10% de las acciones, citando una fuerte producción de oro y flujo de efectivo.