Lundin Mining ( (TSE:LUN) ) has issued an announcement.
Lundin Mining has announced a revised shareholder distribution policy, increasing share buybacks while adjusting dividends to maintain a total annual return of approximately $220 million to shareholders. This strategic shift aims to enhance financial and operational metrics on a per-share basis, reflecting the company’s commitment to balanced shareholder returns through dividends and share buybacks.
More about Lundin Mining
Lundin Mining is a diversified Canadian base metals mining company with operations or projects in Argentina, Brazil, Chile, and the United States of America, primarily producing copper, gold, and nickel.
YTD Price Performance: 8.42%
Average Trading Volume: 298,300
Technical Sentiment Signal: Strong Sell
Current Market Cap: $8.07B
See more data about LUN stock on TipRanks’ Stock Analysis page.