Pan African Resources is trading 5% up at €1.49 after investors continued to respond to its September 16, 2026 results.

  • The company reported record production, sharply higher revenue and earnings, and proposed a record final dividend.
  • It also approved a share buyback of up to ZAR500 million; shares jumped following the announcement.
  • Positive materials-sector momentum also supports the move, but no separate September 23 announcement was identified. Confidence is medium because the catalyst predates the trading move.