What was the average price SSR Mining paid per share in Q2 2026?

SSR Mining repurchased 10.4 million shares for $337.8 million in Q2 2026, translating to an average price of approximately $32.48 per share. This represents the execution price during that period.

Why did SSR Mining accelerate its buyback program in 2026?

The company completed the sale of its 80% stake in Çöpler (Turkey) for approximately $1.49 billion in cash in June 2026, which funded the strategic refocus to the Americas. The substantial proceeds strengthened the balance sheet and enabled the company to return capital to shareholders through buybacks while funding growth investments and maintaining operations.

How much authorization remains under the June 2026 buyback program?

The board approved $500 million for share repurchases on June 15, 2026. By July 31, 2026, $109.2 million had been deployed, leaving approximately $390.8 million remaining under that authorization.

Is this a Rule 10b-18 program or an accelerated share repurchase (ASR)?

The filing does not specify the execution mechanism—whether it is Rule 10b-18 open-market purchases, an ASR, a 10b5-1 plan, or another method. Investors should refer to the company's Form 10-Q for additional details on execution methodology.

How does SSR Mining's capital return compare to its free cash flow?

Year-to-date through Q2 2026, SSR Mining repurchased $409.2 million in shares (12.9 million shares). The company reported free cash flow of $299.1 million for the first half of 2026, indicating that the company deployed proceeds from the Çöpler sale to fund buybacks rather than relying solely on operating cash flow.

SSRGF 8-K Filed 2026-08-04 Execution disclosure

SSR Mining repurchased 10.4M shares for $337.8M in Q2 2026

Mid-cap gold producer executes buyback as part of capital-return program following strategic refocus to Americas

Shares repurchased10.4M

Avg price paid$32.48

Remaining$391M

MechanismNot specified

What the filing says

SSR Mining Inc. completed a total of $337.8 million in share buybacks during the second quarter of 2026, repurchasing 10.4 million shares at an average price of approximately $32.48 per share. Year-to-date through the end of Q2, the company has repurchased 12.9 million shares for a total of $409.2 million in capital returns, representing an effective yield of nearly 8%.

On June 15, 2026, SSR Mining announced board approval for an additional $500 million authorization for share repurchases, of which $109.2 million had been returned to shareholders through July 31, 2026. The execution mechanism was not explicitly specified in the filing; the buybacks were part of an ongoing capital-return program alongside the company's reinstatement of a quarterly dividend of $0.03 per share.

The buyback activity aligns with SSR Mining's strategic repositioning completed in the second quarter, which included the sale of its 80% stake in Çöpler (Turkey) for approximately $1.49 billion in cash and the sale of its 20% stake in the Hod Maden Project. These transactions refocused the company as a free-cash-flow-focused Americas gold and silver producer anchored by long-lived operations in the United States.

As of June 30, 2026, SSR Mining held cash and cash equivalents of $1.783 billion with no long-term debt outstanding, providing substantial liquidity for continued capital returns. Since 2021, the company has returned nearly $900 million to shareholders through the repurchase of more than 32 million shares and over $170 million in dividends.

In the second quarter of 2026, SSR Mining completed a total of $337.8 million in share buybacks through the repurchase of 10.4 million shares. Year-to-date, SSR Mining has repurchased 12.9 million shares for a total of $409.2 million in capital returns, or an effective yield of nearly 8%. On June 15, 2026, the Company announced approvals for an additional $500 million for share repurchases, of which $109.2 million has been returned to shareholders to July 31, 2026. — SSR MINING INC. 8-K filing · View on SEC EDGAR →

What this means

SSR Mining's Q2 buyback execution reflects the company's capital-allocation priorities following its strategic refocus to the Americas, accelerated by the $1.49 billion proceeds from the Çöpler sale. The $337.8 million repurchase in a single quarter is material relative to the company's market position and demonstrates confidence in free cash flow generation. With a new $500 million authorization announced in mid-June and $1.783 billion in cash on hand with no debt, the company has considerable capacity to sustain share repurchases while funding organic growth and maintaining its dividend. The 8% effective yield on year-to-date buybacks is notable in the gold-mining sector and signals shareholder-friendly capital discipline.

Frequently asked questions

What was the average price SSR Mining paid per share in Q2 2026?: SSR Mining repurchased 10.4 million shares for $337.8 million in Q2 2026, translating to an average price of approximately $32.48 per share. This represents the execution price during that period.
Why did SSR Mining accelerate its buyback program in 2026?: The company completed the sale of its 80% stake in Çöpler (Turkey) for approximately $1.49 billion in cash in June 2026, which funded the strategic refocus to the Americas. The substantial proceeds strengthened the balance sheet and enabled the company to return capital to shareholders through buybacks while funding growth investments and maintaining operations.
How much authorization remains under the June 2026 buyback program?: The board approved $500 million for share repurchases on June 15, 2026. By July 31, 2026, $109.2 million had been deployed, leaving approximately $390.8 million remaining under that authorization.
Is this a Rule 10b-18 program or an accelerated share repurchase (ASR)?: The filing does not specify the execution mechanism—whether it is Rule 10b-18 open-market purchases, an ASR, a 10b5-1 plan, or another method. Investors should refer to the company's Form 10-Q for additional details on execution methodology.
How does SSR Mining's capital return compare to its free cash flow?: Year-to-date through Q2 2026, SSR Mining repurchased $409.2 million in shares (12.9 million shares). The company reported free cash flow of $299.1 million for the first half of 2026, indicating that the company deployed proceeds from the Çöpler sale to fund buybacks rather than relying solely on operating cash flow.
Will SSR Mining continue to pay dividends alongside buybacks?: Yes. On August 4, 2026, the board declared a quarterly dividend of $0.03 per share, payable September 11, 2026. Since 2021, the company has returned nearly $900 million to shareholders through both share repurchases and over $170 million in dividends, demonstrating a balanced capital-return strategy.

execution gold-mining mid-cap capital-returns Americas strategic-refocus

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.