Re-institution Of Share Buy-back Programme
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As outlined in Griffin Mining Limited's ("Griffin" or the "Company') announcement on the 26th February 2024 and 7 August 2024, the Company is reinstituting its share buy-back programme. The repurchased shares will be acquired on market and on an ad hoc basis as determined by the Company (the "Buy Back Programme").
The Company has further resolved to purchase up to 10 million outstanding ordinary shares and/or up to $10 million of such shares until 25th April 2025, after which the directors of the Company will consider a further Buy Back Programme and/or other means of returning excess funds to shareholders. 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.