Planet Mining Exploration (TSE:PXI) has released an update.
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Planet Ventures Inc. has announced the launch of a normal course issuer bid, aiming to repurchase up to 10% of its public float with the belief that the current market price does not reflect its true value. The bid will start on July 16, 2024, and the acquired shares will be cancelled to potentially enhance shareholder value.
For further insights into TSE:PXI stock, check out TipRanks’ Stock Analysis page.