Perseus Mining Increases Share Buy-Back from AUD100M to AUD 150M
Perth, June 15, 2026 (GLOBE NEWSWIRE) — PERSEUS INCREASES ON-MARKET SHARE BUY-BACK TO A$150MILLION Perth, Western Australia/June 15, 2026/Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce that on June 12, 2026, we have reached A$100 million of the A$100 million on-mark
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentPerth, June 15, 2026 (GLOBE NEWSWIRE) — PERSEUS INCREASES ON-MARKET SHARE BUY-BACK TO A$150MILLIONSign In or Create an AccountEmail AddressContinueor View more offersArticle contentPerth, Western Australia/June 15, 2026/Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce that on June 12, 2026, we have reached A$100 million of the A$100 million on-market share buyback announced in August 2025.
Under this buyback, Perseus has purchased 19,077,751 shares at an average price of A$5.24 per share, of shares on issue at notification of the buyback on the 25 November 2025.Article contentWe apologize, but this video has failed to load.
Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle contentIn line with Perseus’s communicated Capital Allocation Framework to return capital to shareholders, the Perseus Board of Directors has approved an increase of A$50 million to this active on-market share buy-back programme to a total of A$150 million.Article contentTop StoriesGet the latest headlines, breaking news and columns.
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Article contentSince the inception of the share buyback programmes in August 2024, Perseus has purchased a total of 45,076,176 shares totalling A$183.5 million at an average price of A$4.07 per share (3.
3% of shares on issue at notification of the maiden buyback on 28 August 2024).Article contentThe upsized buy-back underscores the Board’s confidence in Perseus’s balance sheet and the current operations market-leading free cash flow, enabling the Company to return capital to shareholders, whilst continuing to fund its organic growth pipeline.Article contentThe expanded buy-back will be conducted in accordance with all applicable ASX Listing Rules and Corporations Act requirements.
The timing, volume, and exact pricing of share repurchases will depend entirely on prevailing market conditions and share price levels. Perseus reserves the right to suspend or terminate the buy-back programme at any point.Article contentArticle contentPerseus’s Managing Director and CEO Craig Jones said:Article content“The decision to expand our on-market buyback to A$150 million emphasizes our clear focus on total shareholder return and capital allocation discipline.
Our operations continue to produce solid and sustained cash flows. Given the current market conditions continue to undervalue our high-margin production profile and organic upside, buying back our own shares represents a highly accretive use of capital. This expansion allows us to efficiently return value to our shareholders while preserving our strong balance sheet to execute our corporate growth initiatives”.
Article contentThis announcement was approved for release by the Managing Director & CEO, Craig Jones.Article contentASX/TSX CODE: PRU CAPITAL STRUCTURE: Ordinary shares: 1,339,891,309 Performance rights: 8,625,981 REGISTERED OFFICE: Level 2 437 Roberts Road Subiaco WA 6008 Telephone: +61 8 6144 1700 www.perseusmining.
comDIRECTORS: Rick Menell Non-Executive Chairman Craig Jones Managing Director & CEO Amber Banfield Non-Executive Director Elissa Cornelius Non-Executive Director Dan Lougher Non-Executive Director John McGloin Non-Executive Director James Rutherford Non-Executive DirectorCONTACTS: Craig Jones Managing Director & CEO craig.jones@perseusmining.com Stephen Forman Investor Relations +61 484 036 681 stephen.
forman@perseusmining.com Nathan Ryan Media Relations +61 420 582 887 nathan.ryan@nwrcommunications.
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