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Lundin Mining Declares Dividend and Updates on Share Buybacks

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Lundin Mining Declares Dividend and Updates on Share Buybacks

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Lundin Mining ( (TSE:LUN) ) has provided an announcement.

Lundin Mining has declared a regular quarterly dividend of CAD $0.09 per share, payable on April 9, 2025, to shareholders of record on March 21, 2025. This decision is part of the company’s ongoing shareholder reward strategy, alongside a share buyback program that saw the recent repurchase of 3,245,000 common shares, valued at approximately CAD $40 million. The company plans to continue monitoring market conditions for further potential purchases, emphasizing strategic financial management and shareholder value enhancement.

More about Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations or projects in Argentina, Brazil, Chile, and the United States, primarily producing copper, gold, and nickel. The company recently announced the sale of its European assets to Boliden, expected to close in mid-2025.

YTD Price Performance: 0.57%

Average Trading Volume: 273,023

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $7.6B

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

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