Africa Oil Advances Share Buyback Program
Company Announcements

Africa Oil Advances Share Buyback Program

Africa Oil Corp (TSE:AOI) has released an update.

Africa Oil Corp. has successfully repurchased 1,076,000 of its common shares as part of its ongoing share buyback program, with transactions conducted on both the Toronto Stock Exchange and Nasdaq Stockholm. The buyback initiative, which aims to cancel the acquired shares, has seen nearly 10 million shares repurchased since its inception in December 2023. The program is set to continue until December 2024 or until the maximum limit of shares is bought back.

For further insights into TSE:AOI stock, check out TipRanks’ Stock Analysis page.

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