Eldorado Gold Corporation has received Toronto Stock Exchange approval to renew its normal course issuer bid, allowing the company to repurchase up to 13,065,993 common shares, representing 5% of its 261,319,863 issued and outstanding shares as of July 27, 2026. The buyback program will run from August 5, 2026 through July 31, 2027, with purchases made on the TSX, NYSE, and alternative trading systems at prevailing market prices. Under the previous NCIB that began August 6, 2025 and ends July 31, 2026, Eldorado bought back 7,739,880 shares at a volume-weighted average price of C$43.56 per share. Daily TSX purchases under the new plan are capped at 194,581 shares, except for block purchases, while NYSE purchases will comply with U.S. safe harbor rules. Up to 12,865,993 repurchased shares will be cancelled, and up to 200,000 shares will be held in trust to satisfy restricted share unit plan redemptions.
Eldorado Gold CorpCompany announces share buyback program, signaling confidence and returning capital to shareholders.