BuybackJun 18, 2026, 05:31 PM
Aura Minerals Board Approves $200M Share Buyback Program
AI Summary
Aura Minerals Inc. announced that its Board of Directors has approved share repurchase programs, authorizing the company to repurchase up to an aggregate US$200 million of its outstanding common shares and Brazilian Depositary Receipts. The program will run from June 18, 2026, to June 18, 2027, and will be funded by existing cash. CEO Rodrigo Barbosa stated that the initiative reinforces the company's commitment to delivering superior returns to shareholders and reflects confidence in its operational momentum and strong cash generation.
Key Highlights
- Aura Minerals' Board approved a share repurchase program of up to US$200 million.
- The program authorizes repurchases of common shares and Brazilian Depositary Receipts (BDRs).
- The repurchase period is from June 18, 2026, to June 18, 2027.
- The company expects to fund repurchases using existing cash.
- The program aims to create value for shareholders and optimize the capital structure.
- As of June 18, 2026, 251,510,529 BDRs were outstanding and 5,085,695 BDRs were held in treasury.
- The company has historically provided strong dividend yields, including 4.5% LTM after Q1 2026 payment of US$0.78 per share.
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