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1 Apr 2022 07:15
IN BRIEF: Pan African Resources to buy up to ZAR50 million own shares
Pan African Resources PLC - Rosebank-based gold producer - Plans to start phase one of a share buyback programme to the tune of ZAR50 million, or about GBP2.6 million, over one month from April 1. It says its shares offer significant value given the quality and profitability of its existing operations and growth projects. The share buyback programme is part of the company's broader strategy to deliver value to its shareholders.
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