Lundin Mining (LUN) Repurchases 1.1M Shares for $16.5M, Updates Share Capital

Lundin Mining Corp. (STO: LUN) on May 30, 2026, disclosed the repurchase of 1.1 million common shares for total consideration of $16.5 million, part of its ongoing share buyback program. The repurchased shares will reduce the company’s outstanding share capital to approximately 702.4 million shares. The buyback, executed between May 23 and May 29, 2026, is part of a $500 million authorization approved in March 2025. Lundin Mining said the average repurchase price was about $15.00 per share. Following the transaction, the company’s total number of votes and shares stands at 702,403,123. This figure will be used by shareholders to determine notification thresholds under applicable rules.