Lundin Mining ( (TSE:LUN) ) just unveiled an announcement.
Lundin Mining announced a decrease in its issued and outstanding shares by 1,910,500, bringing the total to 865,866,926 shares with voting rights as of February 28, 2025. This change results from share buybacks under the normal course issuer bid, partially offset by employee stock options and share units. This update reflects the company’s ongoing strategic financial management and could impact its market positioning and 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 is in the process of selling its European assets to Boliden, with the transaction expected to close in mid-2025.
YTD Price Performance: -8.20%
Average Trading Volume: 249,196
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $6.95B
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