Africa Oil (TSE:AOI) has released an update.
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Africa Oil Corp. has successfully repurchased 416,700 common shares between December 23 and December 27, 2024 as part of their ongoing share buyback program. The company aims to repurchase up to 18,362,364 shares over the next year, reflecting a strategic move to enhance shareholder value. This initiative is being executed in compliance with relevant market regulations in Canada and Sweden.
For further insights into TSE:AOI stock, check out TipRanks’ Stock Analysis page.
