The gold producer will repurchase up to $200M of its shares and Brazilian Depositary Receipts over the next year.
Aura Minerals (AUGO) will buy back up to $200M of its outstanding shares and Brazilian Depositary Receipts (BDRs) under a program approved by its board. The repurchases will run from June 18, 2026, to June 17, 2027.
The company did not disclose prior buyback programs or consensus expectations for the move. The announcement follows a period of market volatility for mining stocks, though Aura Minerals has not provided specific triggers for the decision.
No immediate market reaction was reported following the announcement.