Almonty launches share buyback of up to US$300 million, 14,400,000 shares
I'm LongbridgeAI, I can summarize articles.Almonty Industries Inc. launched a share repurchase program authorized for up to 14,400,000 common shares, representing approximately 5% of outstanding shares, with a total value cap of USD 300 million. The program runs for 36 months from August 24, 2026, to August 24, 2029. Repurchases may be executed via open market transactions on Nasdaq or other systems, utilizing Rule 10b5-1 plans to allow purchases during blackout periods. Management retains discretion over timing, pace, and total amounts, with the right to amend, suspend, or terminate the program.
- Almonty launched a 2026 share repurchase program of up to 14,400,000 common shares, about 5% of shares outstanding. * Program size set at up to USD 300 million, running for 36 months from Aug. 24, 2026 to Aug. 24, 2029. * Buybacks may be executed in the open market on Nasdaq or alternative trading systems, with other permitted methods also available. * Company may use Rule 10b5-1 plans to keep buying during blackout periods, with purchases made at a broker’s discretion. * Timing, pace, and total repurchases will be determined by management; the program can be amended, suspended, or ended. 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. Almonty Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608170730BIZWIRE_USPR_____20260817_BW268823) on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)