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Andean Precious Metals launches a 12-month share buyback program for up to 4 million shares.

Company Fundamentals
28 Jun 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Andean Precious Metals Corp. announced a normal course issuer bid (NCIB) allowing it to repurchase up to 4 million common shares over 12 months starting July 2, 2026. The buyback represents about 2.65% of its outstanding shares and aims to enhance shareholder value by buying shares when the market price undervalues the company. Purchases will be made at market prices and all repurchased shares will be cancelled. The company also implemented an automatic securities purchase plan to facilitate buying during blackout periods, with Desjardins Capital Markets as the designated broker. This move reflects management's confidence in the company's prospects and commitment to responsible capital use.

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