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Mineros S.A. launches $15M share buyback programme by May 2026

A bold move to boost shareholder value: Mineros S.A. sets a $15M cap on its first buyback. Will investors seize the opportunity before the deadline?

The image shows a gold coin on display in a museum, with the text "Brazil 12,800 Reis 1730"...
The image shows a gold coin on display in a museum, with the text "Brazil 12,800 Reis 1730" inscribed on it.

Mineros S.A. launches $15M share buyback programme by May 2026

Mineros S.A, a major gold mining firm based in Medellín, has announced a share repurchase programme. The company will buy back common shares from investors between May 11 and May 15, 2026. Shareholders approved the plan at a meeting in late March. The repurchase offer, known as the ORA, targets up to $15.0 million worth of common shares. The exact number of shares bought back will depend on how many investors participate. Each share’s price will be set through a book-building process, ensuring a fair valuation.

Payment for the repurchased shares will be made three business days after the adjudication date. The company’s shares currently trade on both the Toronto Stock Exchange (MSA) and the Colombian Stock Exchange (MINEROS). Mineros operates mines and exploration projects across Colombia and Nicaragua. With a diversified portfolio, it remains one of Latin America’s leading gold producers.

The repurchase programme follows approval from shareholders on March 27, 2026. Investors have until May 15 to tender their shares. The final cost will not exceed the $15.0 million cap set by the company.

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