Lundin Mining Updates Share Capital and Buyback Progress

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

Lundin Mining has announced an update to its share capital, with an increase in issued and outstanding shares to 856,000,994 due to the exercise of employee stock options or the vesting of employee share units. The company has not purchased any shares for cancellation under its Normal Course Issuer Bid (NCIB) program, although it has acquired 12,629,000 common shares at a cost of approximately US$104 million as part of its commitment to allocate up to US$150 million in annual share buybacks.

More about Lundin Mining

Lundin Mining is a diversified base metals mining company with operations or projects in Argentina, Brazil, Chile, and the United States, primarily producing copper, gold, and nickel.

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