Africa Oil (TSE:AOI) has released an update.
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Africa Oil Corp. has successfully repurchased 1,138,400 of its common shares as part of its ongoing share buyback program, between May 27 and May 31, 2024. The buyback program, which is in compliance with EU and North American regulations, aims to repurchase up to 38,654,702 shares by December 2024, with 18,179,932 shares already bought back. Following the repurchase, the company’s total issued and outstanding shares with voting rights stand at 446,277,439.
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