SSRM Announces Additional Share Buyback, Reinstates Dividend

研报英文原文证据摘录

SSRM Announces Additional Share Buyback, Reinstates Dividend

June 15, 2026 | 19:26 ET~

SSR Mining

SSRM-NSDQ Rating Price: Jun-15 Target Total Rtn Gold

SSRM-TSX Outperform $28.94 $41.00 42%

Kevin O'Halloran, CFA Analyst

kevin.ohalloran@bmo.com (416) 278-7023

Jacob Pinter Associate

SSRM Announces Additional Share Buyback, jacob.pinter@bmo.com (437) 230-2798

Legal Entity: BMO Nesbitt Burns Inc.Reinstates Dividend

2YR Price Volume Chart

Bottom Line: 40

SSR Mining has authorized an additional $500M in share repurchases and the 35 30

reinstatement of a regular quarterly dividend of $0.03/sh. This builds on the $300M 25

buyback completed in April and combines for a total of 13.5% of the current market 20 40

15 30

cap to be returned to shareholders in 2026. With the Çöpler sale on track to close in Q3, 10 20

SSR has a strong balance sheet and FCF generation that should enable ongoing capital 5 10

returns. SSRM currently trades at 0.8x/0.6x NAV at BMO/spot metals prices. 0 Dec Jun Dec Jun 0

LHS: Price ($) / RHS: Volume (mm) Source: FactSet

Key Points Company Data in $

Dividend $0.00 Shares O/S (mm) 207.5$500M of additional share buybacks. SSRM announced that its Board of Directors

has approved an additional $500M for share repurchases. The existing NCIB, approved Yield 0.0% Market Cap (mm) $6,005

in March, allows the purchase for cancellation of up to 21.5M common shares, NAV US$35.45 P/NAV 0.8x

representing approximately 10.0% of the public float. In April 2026, the company BMO Estimates in $

repurchased 9.2M shares under the NCIB, leaving 12.3M shares available for repurchase (FY-Dec.) 2025A 2026E 2027E 2028E

under the facility. The NCIB expires on March 30, 2027.

Revenue (mm) $1,630 $2,325 $2,850 $2,791

Reinstatement of quarterly dividend. The company also announced the