Silvercorp Metals (SVM) said Tuesday it is launching a new normal course issuer bid to buy up to roughly 8.7 million of its common shares, starting Thursday.
The new stock buyback plan will expire Sept. 18, 2025, the company added.
The share repurchase plan is a continuation of the program approved from Sept. 19, 2023, to Sept. 18 this year to buy up to 8.5 million of its common stock, Silvercorp said.
Price: 3.9200, Change: -0.03, Percent Change: -0.76
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments