07:16 AM EDT, 08/01/2025 (MT Newswires) -- Lundin Mining ( LUNMF ) reported overnight Thursday its updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act.

The miner said its issued and outstanding shares increased by 3,331 from June 30 to 856,000,994 common shares with voting rights as of July 31. The increase was a result of the exercise of employee stock options or the vesting of employee share units, the company said.

During this period, Lundin said it did not purchase any shares for cancelation under its normal course issuer bid (NCIB).

Under Lundin's NCIB, the company said it has acquired 12,629,000 common shares at US$104 million so far in 2025. The company is committed to allocate up to US$150 million in annual share buybacks under its shareholder distribution policy.

Lundin's share price closed 3.1% higher on Thursday to $14.15 on the TSX.