The latest update is out from Lundin Mining ( (TSE:LUN) ).
Lundin Mining announced a decrease in its issued and outstanding shares to 860,582,665 as of March 31, 2025, due to share buybacks under its normal course issuer bid (NCIB), offset by employee stock options and share units. The company has committed up to US$150 million annually for share buybacks, having already acquired 8,000,000 shares for approximately US$68 million in 2025, reflecting its strategic focus on shareholder value.
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: -2.68%
Average Trading Volume: 300,949
Technical Sentiment Signal: Hold
Current Market Cap: $7.23B
See more insights into LUN stock on TipRanks’ Stock Analysis page.