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Zentek Initiates Share Buyback to Enhance Shareholder Value

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Zentek Initiates Share Buyback to Enhance Shareholder Value

Zentek (TSE:ZEN) has released an update.

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Zentek Ltd. has announced a normal course issuer bid to buy back up to 5% of its common shares within a year, aiming to boost long-term shareholder value as management believes the current share price undervalues the company. The buyback will be conducted on the TSX Venture Exchange through Integral Wealth Securities Limited.

For further insights into TSE:ZEN stock, check out TipRanks’ Stock Analysis page.

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