Jaguar Mining (TSE:JAG) has released an update.
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Jaguar Mining Inc. has announced a normal course issuer bid, allowing the company to buy back and cancel up to 5% of its common shares, aiming to enhance shareholder value. The purchases will be financed from working capital and are expected to mitigate potential future dilution from new share issuances.
For further insights into TSE:JAG stock, check out TipRanks’ Stock Analysis page.