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Lundin Mining Announces Updated Share Capital and Completes Share Buyback for 2025

By The Northwire Desk — AI Analysis Dec 31, 2025 · 19:00 LUN · 29.5 Lundin Mining Corporation
LUN · Price

Executive Summary

  • Lundin Mining completed its targeted $150 million share‑buyback program for 2025, acquiring 15,088,180 common shares.
  • As a result, the total issued and outstanding shares decreased by 1,399,950 to 854,347,591 as of December 31, 2025.
  • The buyback was executed under the Normal Course Issuer Bid (NCIB) program, offset partially by employee option exercises and share‑unit vesting.

Key Details

  • Buyback Execution: Acquired 15,088,180 common shares at an aggregate cost of approximately US$150 million during 2025.
  • Share Count Impact: Issued and outstanding common shares reduced by 1,399,950 to a total of 854,347,591 shares with voting rights as of 31 Dec 2025.
  • Program Context: Completion of Lundin Mining’s annual NCIB allocation of roughly US$150 million, reflecting the company’s balanced approach to shareholder returns (dividends and buybacks).
  • Employee Equity Activity: The net reduction in share count reflects both the buyback purchases and the simultaneous exercise of employee stock options and vesting of employee share units.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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