TSX:DPMMetals and Mining
DPM Metals Buyback Renewal Signals Confidence In Cash Returns And Projects
DPM Metals (TSX:DPM) has renewed its normal course issuer bid, allowing it to repurchase shares over the next year.
The company has also put in place an automatic share purchase plan to facilitate buybacks during blackout periods.
These moves give DPM Metals the ability to retire a meaningful portion of its outstanding shares without needing separate approvals for each transaction.
For investors tracking DPM Metals, this move comes with the shares trading at CA$48.95 after a 7 day return of...