Osisko Gold Royalties (TSE:OR) has released an update.
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Osisko Gold Royalties has announced the renewal of its Normal Course Issuer Bid (NCIB) program, allowing the company to repurchase up to 9.3 million of its common shares. This move is seen as a strategy to enhance shareholder value, as the company believes its market price doesn’t fully reflect its intrinsic worth. The repurchases will occur through the Toronto Stock Exchange and alternative trading systems in Canada.
For further insights into TSE:OR stock, check out TipRanks’ Stock Analysis page.
