Africa Oil reports results of share buyback program (TSX:AOI:CA)

Africa Oil (TSX:AOI:CA) has repurchased a total of 1,081,800 Africa Oil common shares during the period of June 17, 2024, to June 21, 2024, under the previously announced share buyback program, it said on Monday.
The transaction consolidates ownership in core cash generating assets and brings in a new cornerstone investor, enabling enhanced shareholder returns, Africa Oil (AOI:CA) added.
During the period dated June 17, 2024, to June 21, 2024, the company repurchased 461,800 Africa Oil common shares on the TSX and/or alternative Canadian trading systems.
The company repurchased 620,000 Africa Oil common shares on Nasdaq Stockholm during the same time, and these repurchases were carried out by Pareto Securities on behalf of the company.
Source: Press Release