🟢 Almonty Industries is trading 11% up today after announcing a US$300 million share repurchase program

Almonty Industries is trading at $16.77, up 11.17%, after announcing a Board-approved repurchase program of up to US$300 million.

• The program covers as many as 14.4 million shares, approximately 5% of outstanding shares; purchases begin August 24, 2026.
• Management said the program reflects its view that the share price undervalues Almonty’s tungsten assets and Sangdong growth prospects.
• Bitcoin and Ethereum were up only 0.91% and 1.00%, respectively, while major indexes were mixed, making crypto and broad-market sentiment insufficient explanations.