Courtesy of Benzinga.
Coeur d’Alene Mines Corporation (NYSE: CDE)(TSX:CDM) announced today that its Board of Directors has authorized a share repurchase program of up to $100 million of the Company’s common equity. Based on yesterday’s closing price of $18.95 per share, the authorized program represents approximately 5.3 million, or nearly six percent, of the Company’s outstanding shares.
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