07:04 AM EST, 01/02/2026 (MT Newswires) -- Lundin Mining ( LUNMF ) overnight Wednesday said the number of its issued and outstanding shares decreased 1.4-million to 854.3-million common shares with voting rights as of Dec. 31, 2025, due to share buybacks completed under the normal course issuer bid (NCIB), offset by the exercise of employee stock options or the vesting of employee share units.

The company said it bought 15.1-million common shares in 2025 at a cost of about US$150 million, completing its targeted annual allocation of about $150 million in annual share buybacks through its NCIB program.

Shares of the company closed up 0.03% to $29.5 on Wednesday on the Toronto Stock Exchange.