ASX:PNRMetals and Mining
Does Pantoro Gold’s (ASX:PNR) New Buyback Reveal a Deeper Shift in Capital Allocation Strategy?
Pantoro Gold Limited (ASX:PNR) announced on 23 February 2026 that it had authorised an on-market share buyback of up to 38,344,473 shares, or 9.73% of its 394,180,907 shares on issue, running through to 9 March 2027.
The buyback, backed by strong cash generation at the company’s Norseman Gold Project, indicates management’s confidence in funding both growth and capital returns.
We will now examine how this on-market buyback, underpinned by Norseman cashflows, shapes Pantoro Gold’s broader...