YAMANA GOLD INC. Buyback
OLI recorded this information on 5/2/2019
Company:
YAMANA GOLD INC.
Buyback:
AUY buyback
Share Amount Authorized:
47,513,266
Buyback Details:
YAMANA GOLD INC. ("Yamana" or the "Company") (TSX:YRI) (NYSE:AUY) announces that the Toronto Stock Exchange (the "TSX") has accepted the notice of Yamana's intention to commence a normal course issuer bid (the "NCIB"). On April 15, 2019, the Company announced its intention to make an NCIB to purchase up to 5% of the Company's issued and outstanding common shares on the TSX and the New York Stock Exchange (the "NYSE"), subject to the approval of the TSX. The TSX approval allows the Company to purchase up to 47,513,266 common shares (representing 5% of the Company's 950,265,316 issued and outstanding Common Shares as of April 30, 2019) over a period of twelve months commencing on May 6, 2019. The NCIB will expire no later than May 5, 2020.
Yamana Gold is engaged in the production of gold and silver, development stage properties, and exploration properties and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina.
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Avg. Broker Rec.
 
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Buy (3.40 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: AUY Stock Forecast Based on Zacks ABR data; powered by Xignite |
