IAMGOLD Completes Debt Repayment and Launches Share Buyback Program

IAMGOLD ( (TSE:IMG) ) has provided an announcement.

On December 9, 2025, IAMGOLD Corporation announced the completion of its debt reduction strategy by fully repaying a $130 million 2nd Lien Term Loan. The company also received approval from the Toronto Stock Exchange for a normal course issuer bid to repurchase up to 57 million of its common shares, representing about 9.92% of its public float. This move is part of IAMGOLD’s strategy to strengthen its financial flexibility and enhance shareholder value, reflecting management’s confidence in the company’s long-term prospects. The share buyback program is seen as an accretive investment, indicating that IAMGOLD believes its shares are undervalued. The program will run from December 12, 2025, to December 11, 2026, with purchases funded by the company’s operating cash flows.

The most recent analyst rating on (TSE:IMG) stock is a Buy with a C$23.50 price target. To see the full list of analyst forecasts on IAMGOLD stock, see the TSE:IMG Stock Forecast page.

Spark’s Take on TSE:IMG Stock

According to Spark, TipRanks’ AI Analyst, TSE:IMG is a Outperform.

IAMGOLD’s overall stock score is driven by strong technical momentum and positive corporate events, such as strategic acquisitions and market recognition. However, high valuation and operational challenges, particularly in cash flow and production costs, temper the outlook. The company needs to address these operational inefficiencies to enhance its financial performance and sustain growth.

To see Spark’s full report on TSE:IMG stock, click here.

More about IAMGOLD

IAMGOLD Corporation is a Canadian-based intermediate gold producer and developer with operations in North America and West Africa, including mines such as Côté Gold and Westwood in Canada, and Essakane in Burkina Faso. The company is involved in early-stage and advanced exploration projects, notably the Nelligan Mining Complex in Quebec. IAMGOLD is committed to high standards of Environmental, Social, and Governance practices and is listed on the New York Stock Exchange and the Toronto Stock Exchange.

Average Trading Volume: 2,598,931

Technical Sentiment Signal: Buy

Current Market Cap: C$11.83B

Learn more about IMG stock on TipRanks’ Stock Analysis page.