Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Africa Oil ( (TSE:AOI) ) has shared an update.
Africa Oil Corp. recently repurchased a total of 380,000 common shares from January 6 to January 10, 2025, as part of its ongoing share buyback program. The repurchase, conducted on both the Toronto Stock Exchange and Nasdaq Stockholm with the help of Scotia Capital Inc. and Pareto Securities, respectively, is part of a larger plan to repurchase up to 18,362,364 shares by December 2025. These repurchases are in line with the Market Abuse Regulation and applicable securities laws, potentially enhancing shareholder value and company market positioning.
More about Africa Oil
Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery offshore Namibia, and an exploration/appraisal portfolio in West and South Africa. The company is listed on the Toronto Stock Exchange and Nasdaq Stockholm under the symbol ‘AOI’.
YTD Price Performance: 1.75%
Average Trading Volume: 134,896
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $639.2M
For detailed information about AOI stock, go to TipRanks’ Stock Analysis page.
