Coeur Mining Repurchases $69.7M in Shares, $680.3M Remains in Buyback Program

summarizeSummary

Coeur Mining announced it has repurchased $69.7 million of its common stock under its $750 million program, with $60.0 million of those repurchases occurring in May.

check_boxKey Events

• Share Repurchase Program Update

  The company has repurchased 3,989,969 shares for approximately $69.7 million under its $750 million authorization, which was originally announced on March 23, 2026.

• Accelerated Repurchase Pace

  Of the total repurchases, $60.0 million, representing 3,175,840 shares, occurred in May 2026 at an average price of $18.91 per share.

• Remaining Authorization

  Approximately $680.3 million remains authorized for further share repurchases under the existing plan.

auto_awesomeAnalysis

Coeur Mining has provided an update on its $750 million share repurchase program, revealing it has bought back $69.7 million worth of shares at an average price of $17.46. A significant portion of these repurchases, $60.0 million, occurred in May alone, indicating an accelerated pace of execution. This action follows the substantial dilution from the New Gold acquisition in March and strong Q1 earnings, signaling management's confidence in the company's valuation and commitment to returning capital to shareholders.