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Stock impact report

Stock Market Today, April 1: B2Gold Rises After Expanding Buyback Covering Nearly 10% of Shares [Yahoo! Finance]

B2Gold Corp Common shares (Canada) (BTG) 
NASDAQ:AMEX Investor Relations: b2gold.com/investors/presentation
Company Research Source: Yahoo! Finance
Shares closed at $4.84, up 6.84%, after the company announced a renewed and expanded share buyback program. Investors are watching the pace of future repurchases following Toronto Stock Exchange approval. The company's trading volume reached 44.3 million shares, which is nearly 11% above compared with its three-month average of 40 million shares. B2Gold went public in 2008 and has grown 236% since its IPO. How the markets moved today S&P 500 (SNPINDEX:^GSPC) rose 0.72% to finish Wednesday at 6,575.32, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.16% to close at 21,840.95. Among gold mining peers, Gold Fields (NYSE:GFI) closed at $48.13 (+6.01%) and AngloGold Ashanti Plc (NYSE:AU) ended at $103.52 (+6.33%), reflecting broad strength across the sector. What this means for investors B2Gold has authorized a new share buyback program for up to 132.7 million shares, representing approximately 10% of its outstanding equity. This significant capital return initiative has Show less Read more
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