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.