Africa Oil repurchases over 1.2M shares under buyback program

Africa Oil Corp (TSX:AOI) has repurchased 1,227,900 common shares from January 22 to January 26, 2024, under its previously announced share buyback program. Launched on December 4, 2023, the normal course issuer bid aligns with regulatory frameworks, including the Market Abuse Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) No 2016/1052. The buybacks, conducted on TSX and Nasdaq Stockholm, totaled 437,900 and 790,000 shares, respectively, and were carried out by Scotia Capital Inc. and Pareto Securities. All repurchased shares will be canceled.