Harbour Energy has launched a share buyback programme of up to $200m.
The oil and gas group said in a brief statement on Thursday: “As set out at the company’s Capital Markets Day in December 2021, the company continues to employ a disciplined and prudent approach to capital allocation, balancing its three priorities of safeguarding the balance sheet, ensuring a robust and diverse portfolio and shareholder returns.”
The programme will start immediately and will end no later than 31 December 2022.