LUN: ANNOUNCES UPDATE ON SHARE CAPITAL & SHARE BUYBACKLundin Mining Announces Updated Share Capital and Provides Update on Share Buybacks
Lundin Mining Corporation Jul 31, 2025, 19:00 ET SHARE THIS ARTICLE
VANCOUVER, BC, July 31, 2025 /CNW/ - (TSX:
LUN) (Nasdaq Stockholm: LUMI)
Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act.
VIEW PDF Lundin Mining Announces Updated Share Capital and Provides Update on Share Buybacks (CNW Group/Lundin Mining Corporation)
The number of issued and outstanding shares of the Company has increased by 3,331 to 856,000,994 common shares with voting rights as of July 31, 2025. The increase in the number of issued and outstanding shares from June 30, 2025 to date is a result of the exercise of employee stock options or the vesting of employee share units. During this period, the Company did not purchase any shares for cancelation under its Normal Course Issuer Bid program.
Normal Course Issuer Bid Under the Company's shareholder distribution policy, the Company is committed to allocating up to US$150 million in annual share buybacks through the NCIB program. So far during 2025, Lundin Mining has acquired 12,629,000 common shares at a cost of approximately US$104 million.
About Lundin Mining Lundin Mining is a diversified base metals mining company with operations or projects in Argentina, Brazil, Chile, and the United States of America, primarily producing copper, gold and nickel.
The information in this release is subject to the disclosure requirements of Lundin Mining under the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out below on July 31, 2025 at 16:00 Pacific Time.
SOURCE Lundin Mining Corporation
For further information, please contact: Stephen Williams, Vice President, Investor Relations: +1 604 806 3074; Robert Eriksson, Investor Relations Sweden: +46 8 440 54 50