Dundee Precious Mtl ( (TSE:DPM) ) has shared an announcement.
Dundee Precious Metals Inc. has announced the renewal of its normal course issuer bid, allowing the company to repurchase up to 15 million of its common shares, representing approximately 9.8% of its public float. This move, facilitated through the Toronto Stock Exchange and alternative trading systems, reflects the company’s strategic approach to capital allocation and its commitment to managing its share structure effectively. The renewed bid, which will run from March 18, 2025, to March 17, 2026, is supported by an automatic share purchase plan to ensure compliance during regulatory restrictions or black-out periods, with RBC Capital Markets re-appointed to execute purchases on behalf of the company.
More about Dundee Precious Mtl
Dundee Precious Metals Inc. operates in the mining industry, focusing on the extraction and production of precious metals. The company is listed on the Toronto Stock Exchange and engages in activities related to the acquisition, exploration, development, mining, and processing of precious metal properties.
YTD Price Performance: 33.04%
Average Trading Volume: 576,639
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$3.04B
Find detailed analytics on DPM stock on TipRanks’ Stock Analysis page.