Silvercorp Metals (SVM) will repurchase up to nearly 8.85 million shares, representing around 4% of its outstanding shares, the company said Thursday.
The repurchase program will begin Monday and expire on Sept. 20, 2027, the company said.
Silvercorp will cancel all shares acquired under the program, it said.
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