Amerigo Renews Normal Course Issuer Bid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2024
0mins
Source: Newsfilter
Share Buyback Announcement: Amerigo Resources Ltd. has received approval for a new normal course issuer bid (NCIB) to repurchase up to 12 million shares over the next year, aiming to offset annual shareholder dilution and enhance capital return strategies.
Previous Buyback Performance: Since initiating its Capital Return Policy three years ago, Amerigo has successfully retired over 21.6 million shares, with plans to continue share buybacks depending on market conditions and copper prices.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like undefined with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
