Lundin Mining Corporation (LUN.TO) announced an update to its share capital and voting rights. As of May 29, 2026, the number of issued and outstanding shares decreased by 231,484, bringing the total to 855,378,907 common shares with voting rights. This reduction reflects share buybacks completed under the normal course issuer bid (NCIB), partially offset by the exercise of employee stock options and the vesting of employee share units.
Under its shareholder distribution policy, the Company has committed to allocating up to US$150 million annually toward share buybacks through the NCIB program. So far in 2026, Lundin Mining has repurchased about 1.85 million common shares at a total cost of approximately US$51 million.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.