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Lundin Mining Announces TSX Approval for a Normal Course Issuer Bid
(TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announces that the Toronto Stock Exchange (the "TSX") has...
About this update from Lundin Mining Corporation
[{"type":"image","alt":"Lundin Mining Corporation Logo (CNW Group/Lundin Mining Corporation)","displaySize":"","headline":null,"caption":"Lundin Mining Corporation Logo (CNW Group/Lundin Mining Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":211,"height":30,"url":"https://media.zenfs.com/en/cnwgroup.com/da960417159145363926e9dac01d47e0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/cMZLoC2Csg5nmkvcEetQ8w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTYwO2NmPXdlYnA-/https://media.zenfs.com/en/cnwgroup.com/da960417159145363926e9dac01d47e0","width":211,"height":30}},"href":"https://mma.prnewswire.com/media/2844115/Lundin_Mining_Corporation_Lundin_Mining_Announces_TSX_Approval_f.html","hrefExternal":true,"rel":"nofollow","lazy":false},{"type":"text","content":"VANCOUVER, BC, Dec. 11, 2025 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announces that the Toronto Stock Exchange (the "TSX") has accepted the notice of Lundin Mining's intention to renew its normal course issuer bid (the "NCIB"). Unless otherwise stated, all values presented are in United States dollars.","length":412,"tagName":"p"},{"type":"text","content":"The Company is committed to delivering shareholder returns through a balanced approach of dividends and share buybacks, with a total annual allocation of approximately $220 million. As part of its shareholder distribution policy (see news release dated March 26, 2025), the Company will pay a quarterly dividend of C$0.0275 per common share of the Company (the "Common Shares") while allocating up to approximately $150 million per annum in share buybacks through the Company's NCIB. If the Company allocates less than $150 million in share buybacks in a calendar year, the shortfall will be distributed as a special dividend. If applicable, the special dividend will be paid alongside the regular 4th-quarter dividend.","length":733,"tagName":"p","attribs":{}},{"type":"text","content":"Under the Company's previous NCIB that commenced on December 16, 2024 and expires on December 15, 2025, the Company sought and received approval from the TSX to acquire up to 57,597,388 Common Shares. As of December 5, 2025, the Company acquired 17,474,000 Common Shares in the market for cancelation at an average price of...