Update: Silvercorp Metals Shares Rise After Up to 8.85 Million Share Repurchase Plan

03:37 PM EDT, 09/17/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.) Silvercorp Metals (SVM) shares rose nearly 9% in Thursday trading after the company said it will repurchase up to nearly 8.85 million shares, representing around 4% of its outstanding shares. The repurchase program will begin Monday and expire on Sept. 20, 2027, the company said. Silvercorp will cancel all shares acquired under the program, it said. Price: 12.16, Change: +0.98, Percent Change: +8.77