Update to Share Buy Back Programme
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your GFM notes
Further to the announcement of 6th August 2024, the Company is reinitiating a share buy back programme in line with that announced on 26th February 2024, with shares to be purchased on an ad hoc basis as determined by the Company (the "Buy Back Programme").
The Company resolved to purchase up to 10 million outstanding ordinary shares and up to a value of $10m until 25th August 2024, after which the Directors will consider a further Buy-Back Programme and or other ways of returning funds to shareholders. To date 1,216,996 Ordinary Shares have been purchased since 26th February 2024 and held in treasury. This arrangement is in accordance with the Company's general authority to repurchase shares.
In addition to the Buy-Back Programme, the directors reserve the right (subject to compliance with applicable law) to:
The Company's news releases are available on the Company's web site: www.griffinmining.com
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.