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Stock impact report

European Lithium extends buy-back as board points to deeper value in Tanbreez exposure [Yahoo! Finance]

Critical Metals Corp. - Ordinary Shares (CRML) 
Company Research Source: Yahoo! Finance
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) extended its on-market share buy-back program, with the current buy-back closing on March 31, 2026 and a new six-month program set to run from April 15 to October 15, 2026. The extension will operate within the Corporations Act's 10/12 limit, allowing the company to repurchase up to 10% of its issued capital without shareholder approval. Shares acquired under the program will be cancelled, reducing total shares on issue. The company noted that the scale and timing of purchases will depend on prevailing market conditions, with Evolution Capital continuing as broker. Executive chairman Tony Sage said the decision reflects the board's view that European Lithium's current share price does not adequately reflect the underlying value of its asset base. “The board believes the company's current share price does not reflect the underlying value of the company's assets and as such has determined to in effect continue the buy-back as the Board Show less Read more
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