VANCOUVER, BC, May 29, 2026 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act.
The number of issued and outstanding shares of the Company decreased by 231,484 to 855,378,907 common shares with voting rights as of May 29, 2026. The decrease in the number of issued and outstanding shares from May 1, 2026 to date is the result of share buybacks completed under the normal course issuer bid ("NCIB"), offset by the exercise of employee stock options or the vesting of employee share units.
Normal Course Issuer Bid
Under the Company's shareholder distribution policy, the Company is committed to allocating up to US$150 million in annual share buybacks through the NCIB program. So far during 2026, Lundin Mining has acquired 1,850,094 common shares at a cost of approximately US$51 million.
ESTMA Report
Lundin Mining has filed its Extractive Sector Transparency Measures Act (ESTMA) Report for the year ended December 31, 2025, which can be found on the Company's website (lundinmining.com).
The information in this release pertaining to the updated share capital and voting rights is subject to the disclosure requirements of Lundin Mining under the Swedish Financial Instruments Trading Act. The information in this release pertaining to the ESTMA Report is subject to the disclosure requirements of Lundin Mining under the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact persons set out below on May 29, 2026 at 4:00 Pacific Time.