tiprankstipranks
Alamos Gold renews normal course issuer bid
The Fly

Alamos Gold renews normal course issuer bid

Alamos Gold has filed with, and received acceptance from the Toronto Stock Exchange of, a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,485,405 Class A Common Shares, representing 10% of the company’s public float of the common shares as at December 14, being 344,854,056 Common Shares. Alamos may purchase Common Shares under the Normal Course Issuer Bid over the twelve-month period beginning December 24, 2023 and ending December 23, 2024. The maximum number of Common Shares that Alamos may purchase on the TSX on a daily basis, other than pursuant to block purchase exceptions, is 151,045 Common Shares. Under its previous Normal Course Issuer Bid which commenced on December 24, 2022 and will terminate on December 23, 2023, Alamos sought the purchase of up to 34,670,378 Common Shares and no purchases were made.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on AGI:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles