Aura Minerals Inc. ("Aura Minerals" or the "Company") (NASDAQ:AUGO, B3: AURA33))) announced that its Board of Directors has approved the repurchase programs pursuant to which the Company is authorized to repurchase its common shares and Brazilian Depositary Receipts (the "Repurchase Programs").
Under the Repurchase Programs, Aura may repurchase up to an aggregate US$200 million of its outstanding common shares and Brazilian Depositary Receipts in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on June 18, 2026 continuing until the earlier of the completion of the repurchase or June 18, 2027, depending upon market conditions. Aura's board of directors will review the Repurchase Programs periodically and may authorize adjustments to its terms and size or suspend or discontinue the Repurchase Programs. Ara expects to utilize its existing cash to fund repurchases made under the Repurchase Programs.
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