Kinross Gold ( (TSE:K) ) has provided an update.
On March 19, 2025, Kinross Gold Corporation announced the renewal of its normal course issuer bid (NCIB) program, allowing the company to repurchase up to 10% of its public float of common shares. This move is aimed at enhancing shareholder returns, leveraging the company’s strong financial position and free cash flow. The program will run from March 24, 2025, to March 23, 2026, with purchases made through the Toronto Stock Exchange, New York Stock Exchange, or other eligible Canadian trading systems. All shares purchased will be canceled, and the company has entered an automatic repurchase plan to facilitate purchases during blackout periods.
More about Kinross Gold
Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile, and Canada. The company focuses on responsible mining, operational excellence, disciplined growth, and balance sheet strength, maintaining listings on the Toronto Stock Exchange and the New York Stock Exchange.
YTD Price Performance: 32.03%
Average Trading Volume: 21,462,735
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $14.72B
See more data about K stock on TipRanks’ Stock Analysis page.
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