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Alamos Gold Declares Quarterly Dividend and Announces Share Repurchases Under Normal Course Issuer Bid

AGI · Price
Executive Summary
- The Board of Directors declared a quarterly dividend of US$0.04 per common share payable in June 2026.
- The Company reported repurchasing 753,600 shares for $30.0 million under its Normal Course Issuer Bid (NCIB) during May 2026.
- Total shareholder returns through dividends and buybacks reached $63.6 million year-to-date in 2026.
Key Details
- Dividend Amount: US$0.04 per common share.
- Payment Date: June 25, 2026.
- Record Date: Close of business on June 11, 2026.
- Tax Status: Qualifies as an “eligible dividend” for Canadian income tax purposes.
- Share Repurchase (NCIB): 753,600 shares repurchased at a total cost of $30.0 million ($39.84 per share).
- Total Return YTD: $63.6 million returned to shareholders through dividends and buybacks in 2026.
- Historical Context: Company has paid dividends for 17 consecutive years; total returns of $510 million over that period.
- Dividend Reinvestment Plan (DRIP): Shares issued from treasury at a 1% discount to prevailing market price for participating shareholders.
- DRIP Enrollment Deadline: 4:00 pm ET on the fifth business day prior to June 11, 2026 record date.
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Jul 01, 2026 · 02:54