Coeur d’Alene Plans Share Repurchase

Reuters reported that Coeur d’Alene Mines (NYSE:CDE) will buy back up to $100 million of the  company’s shares.

As quoted in the market news:

Based on Wednesday’s closing price of $18.95 per share on the New York Stock Exchange, the program represents about 5.3 million, or nearly 6 percent, of Coeur’s outstanding shares, the Idaho-based company said.

Click here to read the full Reuters report.