Agnico Eagle Announces Renewal of Normal Course Issuer Bid
May 4, 2026
Agnico Eagle Mines Limited announced TSX approval to renew its Normal Course Issuer Bid (NCIB) from May 6, 2026 to May 5, 2027, allowing the company to repurchase up to 25.0 million shares (about 5% of its outstanding shares) or up to $2.0 billion, whichever is lower; based on recent prices, this equates to roughly 10.6 million shares (~2.1%), with purchases funded from existing cash, shares cancelled upon repurchase, and the program intended to enhance shareholder returns alongside dividends.
