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Wesdome launches automatic share buyback plan to repurchase up to 2% of shares over 12 months.

Company Fundamentals
25 Mar 2026
Newsfile Corp
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Bullish
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Wesdome Gold Mines has initiated an automatic share purchase plan (ASPP) with National Bank Financial to repurchase up to 2% of its public float shares over a 12-month period ending November 2026. This plan allows the company to buy back shares even during blackout periods, with a daily maximum of 182,093 shares. The repurchased shares will be cancelled, reducing the total shares outstanding. This move aims to optimize capital use and potentially enhance shareholder value by reducing share count.

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