Kinross Gold Corporation (TSX:K) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 104,239,211 common shares, representing 8.7% of its issued share capital. The purpose of the program is to enhance shareholder returns and and appropriately use the available funds.
The repurchased shares will be cancelled. The program is valid till March 23, 2027. As of March 12, 2026 the company had 1,197,584,004 common shares outstanding.
Kinross Gold Corporation is a gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. Its operations and projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Tasiast, and the Great Bear project, among others. Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska. Round Mountain is an open-pit mine located in Nevada. Paracatu is a cornerstone operation located near the city of Paracatu in Brazil’s Minas Gerais region. The Tasiast mine is an open-pit operation located in northwestern Mauritania. The La Coipa mine is located in the Atacama region in Chile. The Great Bear is a development project in Canada.
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