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Oil & Gas

Africa Oil provides update on share buyback program

Africa Oil Corp (TSX:AOI) announced that it repurchased 416,700 shares between December 23 and 27 as part of its share buyback program.

This included 196,700 shares repurchased in Canada and 220,000 on the Nasdaq Stockholm.

Since December 6, a total of 2,308,100 shares have been repurchased, with up to 18,362,364 shares authorized for buyback until December 5, 2025. All repurchased shares will be canceled.