Avino Silver & Gold Mines Ltd. announces TSX acceptance of its Normal Course Issuer Bid to repurchase up to 8,428,566 common shares, representing 5% of its 168,571,331 issued and outstanding shares as of March 31, 2026.
Key takeaways
TSX accepted NCIB for up to 8,428,566 common shares (5% of 168,571,331 outstanding as of March 31, 2026).
Repurchases commence April 8, 2026, for 12 months or until maximum reached, at market prices on TSX and NYSE American.
Daily TSX limit: 248,266 shares (25% of 6-month average daily volume of 993,067).
Entered Automatic Share Purchase Plan (ASPP) to facilitate buys during blackout periods.
CEO states NCIB provides flexibility amid share price appreciation and expected 2026 free cash flow generation.
All repurchased shares will be cancelled, enhancing shareholder value.