SILVERCORP ANNOUNCES SHARE REPURCHASE PROGRAM
Silvercorp Metals Inc. Common Shares (SVM)
US:NYSE Investor Relations:
silvercorpmetals.com/investors
Company Research
Source: GlobeNewswire
VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) -- Silvercorp Metals Inc. (“Silvercorp” or the “Company”) is pleased to announce a normal course issuer bid to acquire up to 8,670,104 common shares of the Company, representing approximately 5% the 173,402,084 common shares issued and outstanding as of March 16, 2020. The repurchase program will run from March 19, 2020 to March 18, 2021. The Company is taking this action because it believes that prevailing market conditions have resulted in Silvercorp’s shares being undervalued relative to the immediate and long term value of Silvercorp’s portfolio of producing properties in China and other strategic investments. Purchases will be made at the discretion of the directors at prevailing market prices, through the facilities of the TSX, the NYSE American, and alternative trading platforms in Canada and the United States, in compliance with regulatory requirements. There can be no assurance as to the precise number of shares
Show less
Read more
Impact Snapshot
Event Time:
SVM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SVM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SVM alerts
High impacting Silvercorp Metals Inc. Common Shares news events
Weekly update
A roundup of the hottest topics
SVM
News
- Silvercorp Metals' (TSE:SVM) Earnings Are Of Questionable Quality [Yahoo! Finance]Yahoo! Finance
- Is Metals Acquisition Ltd (MTAL) Outperforming Other Basic Materials Stocks This Year? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Silvercorp Metals (SVM) Stock? [Yahoo! Finance]Yahoo! Finance
- Silvercorp Declares Semi-Annual Dividend of US$0.0125 Per Share [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Silvercorp Declares Semi-Annual Dividend of US$0.0125 Per SharePR Newswire
SVM
Sec Filings
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- 11/8/24 - Form 6-K
- SVM's page on the SEC website