Pan American Silver ( (TSE:PAAS) ) has issued an announcement.
On March 3, 2025, Pan American Silver Corp. announced the renewal of its normal course issuer bid, allowing the company to purchase up to 18,107,917 common shares, representing 5% of its issued and outstanding shares as of February 28, 2025. The bid will run from March 6, 2025, to March 5, 2026, and is intended to reflect the company’s belief that its shares may not fully reflect the underlying value of its operations and growth prospects, thus providing an attractive return on capital.
More about Pan American Silver
Pan American Silver is a leading producer of precious metals, operating silver and gold mines across the Americas, including Canada, Mexico, Peru, Brazil, Bolivia, Chile, and Argentina. The company is known for its sustainability performance, operational excellence, and prudent financial management, with shares trading on the New York Stock Exchange and the Toronto Stock Exchange under the symbol ‘PAAS’.
YTD Price Performance: 18.32%
Average Trading Volume: 2,911,150
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.64B
For an in-depth examination of PAAS stock, go to TipRanks’ Stock Analysis page.