Pan American Silver announced that the Toronto Stock Exchange has accepted the company’s notice of its intention to make a normal course issuer bid to purchase up to 18,232,990 of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 29, 2024. Purchases pursuant to the Bid will be made on the open market through the facilities of the TSX and the New York Stock Exchange and alternative trading systems in Canada and the United States. The period of the Bid will begin on March 6, 2024 and will continue until March 5, 2025 or an earlier date should the company complete its purchases.
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Read More on PAAS:
- Pan American Silver initiated with a Hold at Jefferies
- Pan American Silver price target lowered to C$26.25 from C$27.25 at National Bank
- Pan American Silver price target lowered to $17.50 from $18.50 at TD Securities
- Pan American Silver announces normal course issuer bid for up to 5% of shares
- Pan American Silver reports Q4 adjusted EPS (4c), consensus 10c
