Torex Gold Launches Major Share Buyback: TSX Approves 7.1M Share Repurchase Plan

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Torex Gold Resources has received approval from the Toronto Stock Exchange for a normal course issuer bid (NCIB). The company is authorized to purchase up to 7,116,777 common shares, representing 10% of its public float, between November 21, 2024, and November 20, 2025. Daily purchases are to 66,028 shares, with block purchase exceptions allowed weekly. All purchased shares will be cancelled, funded through available working capital. The company maintains discretion over purchases, which may be suspended at any time based on market conditions and growth opportunities.

Torex Gold Resources ha ricevuto l’approvazione dalla Borsa di Toronto per un’offerta di acquisto nell’ambito di un normale corso di astensione (NCIB). L’azienda è autorizzata ad acquistare fino a 7.116.777 azioni ordinarie, che rappresentano il 10% della sua flottante pubblica, tra il 21…

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