Kinross Gold (KGC) said late Thursday the Toronto Stock Exchange approved its normal course issuer bid renewal, allowing repurchase of up to 104.2 million shares, or 10% of its public float, from March 24, 2026, to March 23, 2027.
The company said the buyback is intended to strengthen shareholder returns and reflects its view that the shares may be undervalued by the market.
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