Amerigo Renews Normal Course Issuer Bid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2024
0mins
Should l Buy ?
Source: Newsfilter
Share Buyback Announcement: Amerigo Resources Ltd. has received approval for a new normal course issuer bid (NCIB) to repurchase up to 12 million shares over the next year, aiming to offset annual shareholder dilution and enhance capital return strategies.
Previous Buyback Performance: Since initiating its Capital Return Policy three years ago, Amerigo has successfully retired over 21.6 million shares, with plans to continue share buybacks depending on market conditions and copper prices.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
