BUZZ-Australia's Metals X jumps most in almost a year on share buyback plan

Reuters03-01

** Shares of Metals X jump as much as 12.1% to A$0.325, posting their biggest intraday pct gain since April 17

** The tin producer says it intends to undertake an on-market share buyback for up to 10% of its issued capital

** Says buyback will start from or around March 19 and will be undertaken for 12 months

** Shares hit their highest level since Feb 15

** About 3.1 mln shares exchange hands vs the 30-day avg of ~2.5 mln shares

** Stock flat YTD, as of last close

(Reporting by Echha Jain in Bengaluru)

((Echha.jain@thomsonreuters.com))

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