By Adriano Marchese
SSR Mining intends to launch a share-repurchase program to buy back about 10% of its issued and outstanding shares over a one-year period.
The Canadian miner on Friday said the Toronto Stock Exchange has approved its plan to buy back up to 21.5 million shares for cancellation.
Shares have risen so far in 2026, climbing nearly 14% to close on Thursday at 34.16 Canadian dollars ($24.64). The stock is up more than double over the past 52 weeks.
At Thursday's closing price, the block of shares intended for buyback would be worth of C$734.5 million.
SSR Mining can begin buying back shares starting on March 31.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
March 27, 2026 07:30 ET (11:30 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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