TSX:CGMetals and Mining
How Investors Are Reacting To Centerra Gold (TSX:CG) Authorizing a Major Share Buyback Program
Centerra Gold Inc. recently announced a substantial share repurchase program, authorizing the buyback and cancellation of up to 20,129,230 common shares, roughly 10% of its issued share capital, valid until November 2026.
This major buyback initiative signals management's confidence in the company's financial position and often aligns with shareholder interests in terms of potential capital returns.
We'll examine how Centerra Gold's decision to launch a large-scale share buyback could...