Coeur Mining (CDE) Announces $75 Million Share Buyback Program

Coeur Mining, Inc. (NYSE:CDE) is one of the 10 Best Gold Stocks To Buy Right Now. On May 27, Coeur Mining, Inc. (NYSE:CDE) reported that its Board of Directors has authorized a share repurchase program of $75 million. The program will be effective through May 31, 2026.

Mitchell J. Krebs, the company’s Chairman, President, and CEO, said that this program aims to increase the value of each share for the shareholders.

Coeur Mining (CDE) Announces $75 Million Share Buyback Program

Aerial view of a gold mine, reflecting the company’s precious metals mining operations.

Krebs explained that this program shows confidence in Coeur Mining, Inc.’s (NYSE:CDE) strong free cash flow profile. This strength is coming from higher gold and silver prices, the impact of the new Las Chispas mine the company recently acquired, progress at the recently expanded Rochester mine, and consistent performance from the company’s other three mines.

Following years of heavy investment, Coeur Mining, Inc. (NYSE:CDE) has positioned itself strongly to pay down debt, keep investing in high-return growth opportunities, and return capital to shareholders.

Coeur Mining, Inc. (NYSE:CDE) is a precious metals mining company with operations in North America. It has a strong focus on the production of gold and silver.

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