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Lundin Mining Updates Share Capital After Employee Equity Exercises

Tipranks - Sat Feb 28, 6:12PM CST

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Lundin Mining ( (TSE:LUN) ) has issued an announcement.

Lundin Mining has modestly expanded its share capital, reporting 854,667,165 issued and outstanding common shares with voting rights as of February 27, 2026, following an increase of 299,188 shares. The additional shares stem from the exercise of employee stock options and the vesting of employee share units, while the company made no repurchases for cancellation under its Normal Course Issuer Bid during the period, slightly diluting existing shareholders but aligning equity growth with employee incentives.

The update, required under the Swedish Financial Instruments Trading Act, underscores Lundin Mining’s ongoing use of share-based compensation as part of its capital management framework. With its shares listed on both the Toronto Stock Exchange and Nasdaq Stockholm, the revised share count clarifies the company’s current voting rights structure for investors in Canada and Sweden and maintains transparency in its cross-border regulatory disclosures.

More about Lundin Mining

Lundin Mining is a Canadian mining company headquartered in Vancouver, operating three mines in Brazil and Chile that produce metals supporting modern infrastructure and electrification. The company aims to become a top-ten global copper producer through a defined growth strategy, including advancing a major copper, gold and silver project in the Vicuña District on the Argentina-Chile border, where it holds a 50% interest.

For a thorough assessment of LUN stock, go to TipRanks’ Stock Analysis page.

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