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Centerra Gold renews share buyback program and secures $75M credit facility for Langeloth.

Company Fundamentals
06 Nov 2026, 00:00 WIB
GlobeNewsWire
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Bullish
Centerra Gold renews share buyback program and secures $75M credit facility for Langeloth.

Centerra Gold has renewed its normal course issuer bid (NCIB) to repurchase up to 19.3 million shares over the next year, aiming to buy back shares at market prices to enhance shareholder value. The Toronto Stock Exchange approved this renewal, allowing purchases up to 10% of the public float. Additionally, Centerra's Langeloth Metallurgical Facility secured a new $75 million revolving credit facility to support working capital needs tied to molybdenum price fluctuations, improving financial flexibility. These moves reflect Centerra's strategy to manage capital efficiently while maintaining a strong balance sheet.

Centerra Gold's renewed normal course issuer bid allows repurchase of up to 19.3 million shares, with a new $75 million credit facility supporting its financial flexibility. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Nov 06, 2026 04:21 WIB: out of 83 priced US stocks, 20 rose and 61 fell. Notable movers include USAR at USD 7.48 with a 1-day change of -8.78%, NUE at USD 246.77 down 7.89%, and ESI at USD 30.82 down 7.83%.

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