07:48 AM EDT, 09/02/2025 (MT Newswires) -- Lundin Mining ( LUNMF ) , trading near 52-week highs, over the holiday weekend said the number of its issued and outstanding shares has increased as a result of the exercise of employee stock options or the vesting of employee share units.

The company noted the number of issued and outstanding shares of LUN has increased by 99,335 to 856.1-million common shares with voting rights as of August 29, 2025.

Under its shareholder distribution policy, Lundin said it is committed to allocating up to US$150 million in annual share buybacks through the NCIB program. The company has acquired 12.6-million common shares at about US$104 million so far.

Shares of the company closed up $0.13 to $15.89 on Friday on the Toronto Stock Exchange.