Africa Oil (TSE:AOI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Africa Oil Corp. has successfully bought back 994,000 of its own common shares as a part of its ongoing share repurchase program, between June 3 and June 7, 2024. The transactions, in line with regulatory requirements, were executed on both the Toronto Stock Exchange and Nasdaq Stockholm, with the aim to cancel all repurchased shares. Since the program’s commencement in December 2023, the company has acquired a total of 19,173,932 shares, with a potential to buy back up to 38,654,702 shares within a twelve-month period.
For further insights into TSE:AOI stock, check out TipRanks’ Stock Analysis page.