Fortuna Mining Corp. announced the renewal of its Normal Course Issuer Bid to repurchase up to 15,227,869 common shares, representing five percent of outstanding shares, commencing May 4, 2026.
Key takeaways
Board authorized repurchase of 15,227,869 shares, representing 5% of 304,557,387 outstanding shares as of April 10, 2026.
The buyback program runs from May 4, 2026, to May 3, 2027, with all repurchased shares subject to cancellation.
Company entered into an Automatic Share Purchase Plan (ASPP) to facilitate repurchases during blackout periods.
Previous NCIB authorized 15,347,999 shares; 3,400,000 were repurchased at a weighted-average price of US$9.53.
Repurchases will be executed via NYSE open market purchases subject to Rule 10b-18 volume limitations.