Mr. Rod Antal reports
SSR MINING ANNOUNCES ADDITIONAL $500 MILLION SHARE BUYBACK AND REINSTATEMENT OF QUARTERLY DIVIDEND
SSR Mining Inc.'s board of directors has approved an additional $500-million for share repurchases and the reinstatement of a regular quarterly dividend as part of the company's continuing capital returns program.
Rod Antal, executive chairman of SSR Mining, said: "These additional capital returns build on the $774-million we have returned to shareholders since 2021, including $300-million in share repurchases completed in the second quarter of 2026. Year to date, our shareholder returns already represent a yield of approximately 5 per cent, before giving effect to the additional $500-million authorization for share repurchases and the reinstatement of a quarterly dividend announced today. Together, these actions reinforce SSR Mining's disciplined approach to capital allocation and commitment to delivering value to shareholders."
SSR Mining is in a strong financial position, supported by continuing free cash flow generation, a robust balance sheet and the anticipated closing of the previously announced sale of the Copler mine for $1.5-billion in cash, which remains on track to close before the end of the third quarter. This financial strength complements SSR Mining's position as a free-cash-flow-leading, Americas-focused gold and silver producer, and provides the financial flexibility for continued and meaningful reinvestment in the business while evaluating value-accretive growth opportunities and continuing to return capital to shareholders.
The board of directors anticipates declaring the first quarterly cash dividend of three cents per common share in conjunction with the company's second quarter 2026 financial results. Annualized, the 12-cent-per-common-share dividend provides a strong baseline of consistent capital returns to supplement the share buyback program.
On March 27, 2026, SSR Mining received acceptance from the Toronto Stock Exchange for a notice of intention to make a normal course issuer bid (NCIB) under the requirements of the TSX, permitting SSR Mining to purchase for cancellation up to 21,502,189 common shares of the company, representing approximately 10.0 per cent of the public float of SSR Mining's total issued and outstanding common shares. In April, 2026, the company repurchased 9,224,713 shares under the NCIB, leaving 12,277,476 shares currently available for repurchase. The NCIB expires on March 30, 2027.
About SSR Mining
Inc.
SSR Mining is listed under the ticker symbol SSRM on the Nasdaq Stock Market and the Toronto Stock Exchange.
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