TSX:LUGMetals and Mining
Does Lundin Gold's (TSX:LUG) New Buyback Deepen Its Capital Return Story or Raise Fresh Questions?
In late February 2026, Lundin Gold Inc. announced a new normal course issuer bid to repurchase up to 12,086,020 shares, or 5% of its outstanding stock, funded from existing cash and running until March 2, 2027, shortly after reporting higher fourth-quarter and full-year 2025 earnings and maintaining quarterly dividends of $1.15 per share.
This combination of a fresh buyback authorization and strong recent financial results highlights the company’s willingness to return capital to...