Australia's FAR climbs after share buyback announcement

FAR

17/11/2022 03:06

** Shares of oil and gas explorer FAR Ltd  FAR.AX  rise as
much as 1.2% to A$0.835, their highest since Sept. 5
    ** Co intends to undertake an on-market share buyback for up
to 10% of its issued capital
    ** Says buyback can be conducted over a 12-month period from
Dec. 1
    ** As of last close, stock has more than doubled in value in
this year
 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))