Kinross Gold (K.TO,KGC) announced that the Toronto Stock Exchange has accepted the notice filed by the company to renew its normal course issuer bid program. Under the NCIB, the company is authorized to purchase up to 104,239,211 of its common shares representing up to 10% of the company's public float of 1,042,392,116 common shares, during the period starting on March 24, 2026 and ending on March 23, 2027. All shares purchased by the company under the NCIB program will be cancelled.
Also, the company has entered into an automatic repurchase plan with its designated broker to allow for purchases of its common shares during certain pre-determined black-out periods, based on company instructions provided when not in black out, should the company determine to proceed with purchases under the ASPP.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.