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Update: SSR Mining Announces Additional $500 Million Share Buyback and Reinstatement of Quarterly Dividend

(Adds after-hours Nasdaq trading in final paragraph.)SSR Mining (SSRM.TO, SSRM) after the close Monday approved an additional $500 million for share repurchases and the reinstatement of a regular quarterly dividend as part of the company's ongoing capital returns program.These additional capital returns build on the $774 million that SSR has returned to shareholders since 2021, including $300 million in share repurchases completed in the second quarter of 2026, said executive chair Rod Antal."Year-to-date, our shareholder returns already represent a yield of approximately 5%, 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," added Antal.SSR said it is in a strong financial position, supported by ongoing free cash flow generation, a robust balance sheet, and the anticipated closing of the sale of the Copler mine for $1.5 billion in cash, which remains on track to close before the end of the third quarter.Its board anticipates declaring the first quarterly cash dividend of $0.03 per common share in conjunction with the company's second quarter 2026 financial results. Annualized, the $0.12 per common share dividend provides a strong baseline of consistent capital returns to supplement the share buyback program, SSRM said.Shares of the company were last seen up US$0.59 to US$29.53 after hours. They closed up $2.37 at $40.45 on Toronto Stock Exchange.

SSR Mining SSR Announces Additional $500 Million Share Buyback and Reinstatement of Quarterly Dividend

SSR Mining (SSRM.TO, SSRM) after the close Monday approved an additional $500 million for share repurchases and the reinstatement of a regular quarterly dividend as part of the company's ongoing capital returns program.These additional capital returns build on the $774 million that SSR has returned to shareholders since 2021, including $300 million in share repurchases completed in the second quarter of 2026, said executive chair Rod Antal."Year-to-date, our shareholder returns already represent a yield of approximately 5%, 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," added Antal.SSR said it is in a strong financial position, supported by ongoing free cash flow generation, a robust balance sheet, and the anticipated closing of the sale of the Copler mine for $1.5 billion in cash, which remains on track to close before the end of the third quarter.Its board anticipates declaring the first quarterly cash dividend of $0.03 per common share in conjunction with the company's second quarter 2026 financial results. Annualized, the $0.12 per common share dividend provides a strong baseline of consistent capital returns to supplement the share buyback program, SSRM said.Shares of the company closed up $2.37 at $40.45 on Toronto Stock Exchange.

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