TSX:LUNMetals and Mining
Why Lundin Mining (TSX:LUN) Is Up 9.0% After Launching a Major Share Buyback Program
In December 2025, Lundin Mining Corporation (TSX:LUN) announced a normal course issuer bid to repurchase up to 67,723,868 common shares, or 7.91% of its then 855,770,029 shares outstanding, with all repurchased shares to be cancelled before the program expires on December 15, 2026.
This sizeable buyback authorization indicates the Board’s intent to return capital and potentially lift per‑share metrics at a time when analysts had been expecting the share count to keep rising over the next few...