Africa Oil Corp (TSE:AOI) has released an update.
Africa Oil Corp. has successfully repurchased 1,043,100 of its common shares as part of its ongoing share buyback program, which has been in effect since December 2023. The buybacks, conducted through the Toronto Stock Exchange and Nasdaq Stockholm, are in line with regulatory compliance and will result in the cancellation of all repurchased shares. To date, the company has bought back a total of 14,546,832 shares, with the potential to repurchase up to 38,654,702 shares within a 12-month period.
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