Andean Precious Metals Establishes Automatic Share Purchase Plan
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Andean Precious Metals Corp. has established an automatic share purchase plan to facilitate the repurchase of up to 7,490,221 common shares under its normal course issuer bid. This plan allows the company to buy back shares during periods when it would typically be restricted from doing so.
January 14, 2025 | 12:45 pm
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Andean Precious Metals Corp. has initiated an automatic share purchase plan to repurchase up to 7,490,221 shares, enhancing its ability to buy back shares during restricted periods.
The establishment of an automatic share purchase plan indicates a proactive approach by Andean Precious Metals to manage its share repurchase program effectively. This move is likely to be viewed positively by investors as it demonstrates the company's commitment to returning value to shareholders, potentially leading to a short-term positive impact on the stock price.
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IMPORTANCE 80
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