Globex Mining launches share buyback program for up to 1,000,000 shares
Bitget2026/10/09 14:39Globex Mining Enterprises launched a normal course issuer bid to repurchase up to 1,000,000 shares for cancellation, about 1.76% outstanding. Program runs from Oct. 15, 2026 to Oct. 14, 2027, with purchases on the TSX or Canadian alternative trading systems. Daily TSX buyback cap set at 6,497 shares, based on average daily volume of 25,991 shares over the prior six months. Prior buyback that ended Aug. 1, 2026 repurchased 164,200 shares at a volume-weighted average price of $2.186. Automatic share purchase plan allows a dealer to buy shares during blackout periods within preset price and volume limits. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Globex Mining Enterprises Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610091039PRIMZONEFULLFEED9842984) on October 09, 2026, and is solely responsible for the information contained therein.
- Globex Mining Enterprises launched a normal course issuer bid to repurchase up to 1,000,000 shares for cancellation, about 1.76% outstanding.
- Program runs from Oct. 15, 2026 to Oct. 14, 2027, with purchases on the TSX or Canadian alternative trading systems.
- Daily TSX buyback cap set at 6,497 shares, based on average daily volume of 25,991 shares over the prior six months.
- Prior buyback that ended Aug. 1, 2026 repurchased 164,200 shares at a volume-weighted average price of $2.186.
- Automatic share purchase plan allows a dealer to buy shares during blackout periods within preset price and volume limits.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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