Pharos Energy PLC has announced that it has purchased and cancelled 25,000 ordinary shares through Peel Hunt LLP as part of its share buyback program. The highest price paid per share was 23.8000 pence, and the lowest price paid per share was also 23.8000 pence. The volume weighted average price paid per share was 23.8000 pence. Following the purchase and cancellation, the company will have 438,660,210 ordinary shares in issue, with 9,122,268 held in treasury. Since the initiation of the share buyback program, the company has purchased a total of 13,685,217 ordinary shares for cancellation at a cost of £3,304,483.56.