Coeur Mining details $69.7M in share buybacks
Coeur Mining, Inc. reported progress under its previously announced expanded $750 million share repurchase program.
Rhea-AI Filing Summary
Coeur Mining, Inc. reported progress under its previously announced expanded $750 million share repurchase program. The company has repurchased 3,989,969 shares of common stock for approximately $69.7 million at an average price of $17.46 per share.
In May 2026 alone, Coeur repurchased about 3,175,840 shares at an average price of $18.91, totaling roughly $60.0 million. After these transactions, approximately $680.3 million remains authorized for future buybacks under the plan, which is being executed through open-market purchases under a Rule 10b-18 agreement with BMO Capital Markets and issuer 10b5-1 repurchase plans.
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Insights
Coeur reports modest early use of a large buyback authorization.
Coeur Mining has used about $69.7 million of its expanded $750 million share repurchase authorization, retiring 3.99 million shares at an average price of $17.46. Most of the activity occurred in May 2026 at a higher average price of $18.91.
The filing shows a sizable remaining authorization of roughly $680.3 million, but actual impact depends on future execution. Repurchases are conducted via open-market transactions under Rule 10b-18 and issuer 10b5-1 plans, which structure trading over time and reduce discretionary timing.
8-K Event Classification
Key Figures
Key Terms
Rule 10b-18 regulatory
issuer securities repurchase 10b5-1 plans regulatory
Other Events regulatory
FAQ
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How much capacity remains under Coeur Mining’s $750 million buyback plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.