The precious metals producer repurchased $69.7 million in shares and declared a $0.04 annualized dividend amid strong Q1 results.
Coeur Mining Inc. (CDE) repurchased 3.99 million shares for $69.7 million at an average price of $17.46. The buyback is part of a $750 million share repurchase program announced in March, signaling confidence in shareholder returns.
The company also declared a semiannual dividend of $0.02 per share, equating to $0.04 annualized, payable on June 10, 2026. The move follows a record first-quarter adjusted EBITDA of $475 million, up 12% from the prior period, with revenue reaching $856 million.
First-quarter free cash flow stood at $267 million, while cash flow from operating activities totaled $341 million. The results reflect strong operational performance amid favorable market conditions for precious metals.