Agnico Eagle Announces Renewal of Normal Course Issuer Bid
Agnico Eagle Mines Limited has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing it to purchase up to 25,024,469 common shares. The bid will commence on May 6, 2026, and end on May 5, 2027, or upon completion of purchases.
Agnico Eagle Mines Limited has received approval from the Toronto Stock Exchange to renew its normal course issuer bid. The bid allows Agnico Eagle to purchase up to 25,024,469 common shares, representing 5% of its issued and outstanding shares, or $2 billion worth of shares. Purchases will be made on the open market at prevailing prices, commencing on May 6, 2026, and ending on May 5, 2027. Agnico Eagle will fund the purchases using its existing cash resources and will cancel any repurchased shares. The company has established an automatic share purchase plan to facilitate purchases during black-out periods. Agnico Eagle's prior normal course issuer bid, which ended on May 3, 2026, resulted in the purchase of 4,472,799 common shares at a weighted-average price of $162.8272.
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