Andean Precious Metals Renews Normal Course Issuer Bid Program
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Andean Precious Metals Corp. has announced the renewal of its normal course issuer bid program, allowing the company to repurchase up to 5% of its outstanding shares. This move is aimed at potentially enhancing shareholder value.
January 02, 2025 | 12:45 pm
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Andean Precious Metals Corp. has renewed its normal course issuer bid, allowing the repurchase of up to 5% of its shares. This could lead to a positive impact on the stock price as it may enhance shareholder value.
The renewal of the share buyback program indicates the company's intention to enhance shareholder value, which is generally perceived positively by the market. This could lead to an increase in the stock price as the buyback reduces the number of shares outstanding, potentially increasing earnings per share.
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