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Create Free AccountAvino Silver & Gold Mines Ltd. has received approval from the Toronto Stock Exchange (TSX) to initiate a Normal Course Issuer Bid (NCIB). Under the program, the company plans to repurchase and cancel up to 8,428,566 common shares. This amount represents approximately 5% of the company's total issued and outstanding shares, which stood at 168,571,331 as of March 31, 2026. The move is intended to return capital to shareholders and reflects management's belief in the company's long-term value. Share buybacks typically enhance shareholder value by reducing the total share count and potentially increasing earnings per share (EPS). The program will be conducted through the facilities of the TSX and other alternative trading systems in accordance with regulatory requirements.