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GROW - U.S. Global Investors expands share buyback program by 82%
U.S. Global Investors Inc.
U.S. Global Investors (GROW +2.5%) increased the limit to its annual share buyback program 82%, from $2.75M to $5M. The decision to increase the amount is to complement two increases to the company’s monthly dividend, one in February 2021 and another in October 2021. The dividend payout is up 50% from a year ago. The maximum amount of capital committed to buy back stocks is up over 80% to $5M for the calendar year.