- Goldmoney ( OTCPK:XAUMF ) ( TSX: XAU:CA ) is set to amend its existing normal course issuer bid, having received an approval from the Toronto Stock Exchange for the amendment effective as of Feb. 21.
- The precious metal financial service and technology company is increasing the maximum number of shares that may be repurchased to 5.49M from 3.7M.
- The new maximum represents ~10% of the public float as at Aug. 17, 2022.
- The daily repurchases will be limited to a maximum of 6,507 shares, representing 25% of the average daily trading volume for the six months ended July 31, 2022.
- The repurchases will terminate no later than Aug. 29.
- The company had repurchased 832,014 shares under the program as of Feb. 10 at a weighted-average price of $1.76.
- Source: Press Release
For further details see:
Goldmoney to amend existing normal course issuer bid from Feb. 21