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Stock impact report

MAG Silver Announces Intention to Make Normal Course Issuer Bid for Common Shares [Yahoo! Finance]

MAG Silver Corporation Ordinary Shares (MAG) 
Last mag silver corporation ordinary shares earnings: 11/8 06:37 am Check Earnings Report
US:NASDAQ Investor Relations: magsilver.com/s/investorrelations.asp
Company Research Source: Yahoo! Finance
that the Toronto Stock Exchange (the “ TSX ”) has accepted the Company's Notice of Intention to Make a Normal Course Issuer Bid (“ NCIB ”). Under the NCIB, the Company may purchase for cancellation up to an aggregate of 8,643,374 common shares in the capital of the Company (“ Common Shares ”), representing approximately 10% of the public float (as defined in the rules and policies of the TSX) of the Common Shares as of May 8, 2024. The Company's purchases in the United States will be subject to a limit of 5,148,977 Common Shares, being 5% of the public float of the Common Shares as of May 8, 2024. The NCIB will commence on May 17, 2024 and terminate May 16, 2025, or earlier if the maximum number of Common Shares under the NCIB have been purchased or if the NCIB has been terminated by the Company. As of May 8, 2024, the Company had 103,143,078 Common Shares issued and outstanding and a public float of 86,433,740 Common Shares. Under the NCIB, other than purchases made under a blo Show less Read more
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