Source: Africa Oil.
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  • Africa Oil (AOI) has repurchased 200,000 common shares from January 9-13, 2023
  • Repurchases total 17,625,190 of a maximum of 40,482,356 shares under the ongoing buyback program
  • The final day for repurchases is September 26, 2023
  • Africa Oil is a Canadian oil and gas company with producing and development assets in Nigeria, Kenya and Guyana
  • Africa Oil (AOI) opened with a loss of 0.40 per cent, trading at $2.46 per share

Africa Oil (AOI) has repurchased 200,000 common shares from January 9-13, 2023.

This includes 100,000 shares on the TSX and/or alternative Canadian trading systems in collaboration with Scotia Capital.

The company acquired the remaining 100,000 shares on Nasdaq Stockholm in collaboration with Pareto Securities.

All shares will be cancelled.

The repurchases are under Africa Oil’s ongoing normal course issuer bid.

Since September 27, 2022, the buyback program has amassed 17,625,190 Africa Oil common shares.

The company may repurchase a maximum of 40,482,356 shares under the program through September 26, 2023.

Africa Oil is a Canadian oil and gas company with producing and developing assets in Nigeria, Kenya and Guyana.

Africa Oil (AOI) opened with a loss of 0.40 per cent, trading at $2.46 per share.


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