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3/17/17

First Majestic (FR.to) (AG) runs a share buyback...AND THIS TIME WE MEAN IT

Always good for a laugh, Keith Tequila's First Majestic yesterday announced it would be running a share buyback program this year. And yes, this is the same share buyback program that's been running at FR.to since March 2013. At that time FR.to had 116.76m shares outstanding. It's now 164.46m shares out. Funny old world.