SSR Mining adds $500 million buyback, reinstates dividend
SSR Mining Inc. approved an additional $500 million for share repurchases and reinstated a quarterly dividend of $0.03 per share. The company has returned $774 million to shareholders since 2021, supported by free cash flow and the anticipated $1.5 billion sale of the Çöpler mine.

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SSR Mining Inc. has approved an additional $500 million for share repurchases and reinstated a regular quarterly dividend to enhance shareholder returns. The company has returned $774 million to shareholders since 2021, including $300 million in share repurchases completed in the second quarter of 2026. Year-to-date shareholder returns represent a yield of approximately 5% before the impact of the new authorization and dividend reinstatement.
Rod Antal, Executive Chairman of SSR Mining, stated that these actions reinforce the company's disciplined approach to capital allocation. The financial position is supported by ongoing free cash flow generation, a robust balance sheet, and the anticipated closing of the Çöpler mine sale for $1.5 billion in cash before the end of the third quarter. This transaction provides flexibility for reinvestment and continued capital returns.
The Board of Directors anticipates declaring the first quarterly cash dividend of $0.03 per common share alongside the second quarter 2026 financial results. An annualized dividend of $0.12 per share establishes a baseline for consistent returns alongside the share buyback program.
On March 27, 2026, the Toronto Stock Exchange accepted SSR Mining's Notice of Intention for a Normal Course Issuer Bid (NCIB). The bid permits the purchase of up to 21,502,189 common shares, representing 10.0% of the public float. In April 2026, the company repurchased 9,224,713 shares, leaving 12,277,476 shares available for repurchase. The NCIB expires on March 30, 2027.
Capital Returns Overview
| Metric | Value |
|---|---|
| Additional buyback authorization | $500 million |
| Total shareholder returns since 2021 | $774 million |
| Q2 2026 share repurchases | $300 million |
| Quarterly dividend per share | $0.03 |
| Annualized dividend per share | $0.12 |
| Çöpler mine sale proceeds | $1.5 billion |
Normal Course Issuer Bid Details
| Parameter | Details |
|---|---|
| TSX acceptance date | March 27, 2026 |
| Maximum shares for purchase | 21,502,189 |
| Percentage of public float | 10.0% |
| Shares repurchased in April 2026 | 9,224,713 |
| Shares remaining for repurchase | 12,277,476 |
| NCIB expiry date | March 30, 2027 |
How does SSR Mining plan to balance the new $500 million buyback authorization with potential reinvestment in growth assets?
Will the Çöpler mine sale proceeds lead to further acquisitions or a focus on existing operations?
Could the dividend be increased in the future given the strong free cash flow generation?





















