Silvercorp Metals (TSE:SVM) has released an update.
Silvercorp Metals Inc. has announced the renewal of its share repurchase program, aiming to buy back around 4% of its outstanding common shares by September 2025. This strategic move aims to increase shareholder value, with repurchases based on market prices and regulatory compliance. The company emphasizes responsible mining and growth through free cash flow, exploration, and potential mergers and acquisitions.
For further insights into TSE:SVM stock, check out TipRanks’ Stock Analysis page.