Griffin Mining (GB:GFM) has released an update.
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Griffin Mining Limited has announced the reactivation of its share buyback program, with plans to purchase up to 10 million shares, valued at $10 million, by August 25, 2024. The program, which aims to enhance shareholder value, will be conducted on the London Stock Exchange and in compliance with market abuse regulations. Since the initial announcement on February 26, 2024, Griffin has already acquired over 1.2 million shares, which are now held in treasury.
For further insights into GB:GFM stock, check out TipRanks’ Stock Analysis page.