Africa Oil Corp (TSE:AOI) has released an update.
Africa Oil Corp. has successfully repurchased 1,213,100 of its common shares between March 18 and March 22, 2024, as part of its ongoing share buyback program. The program, which aims to buy back up to 38,654,702 shares, is being conducted in compliance with both EU and North American regulations. All repurchased shares are set to be cancelled, aligning with the company’s strategy to enhance shareholder value.
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