Africa Oil Corp has announced that the Company repurchased a total of 914,300 Africa Oil common shares during the period of 25-28 March, under the previously announced share buyback programme
The Company also reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act.
The launch of Africa Oil’s normal course issuer bid (share buyback) programme, announced by the company on 4 December 2023, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange (“TSX”), Nasdaq Stockholm, and applicable Canadian and Swedish securities laws.
During the period dated March 25, 2024 to March 28, 2024, the Company repurchased 336,800 Africa Oil common shares on the TSX and/or alternative Canadian trading systems. The repurchases were carried out by Scotia Capital Inc. on behalf of the Company. During the same period, the Company repurchased 577,500 Africa Oil common shares on Nasdaq Stockholm, and these repurchases were carried out by Pareto Securities on behalf of the Company.
