Hudbay Minerals Gets TSX Green Light to Buy Back up to 5% of Public Float

Dow Jones

May 28, 2025

By Adriano Marchese

Hudbay Minerals intends to launch a share repurchase program to buy back up to 5% of its issued and outstanding shares over the course of a one-year period.

The Canadian miner said Wednesday that the Toronto Stock Exchange has approved its plan to buy back up to 19.8 million shares for cancellation.

Shares have risen modestly over the course of the year, up about 6.4% to close on Tuesday at 12.41 Canadian dollars ($8.98). The stock is still down about 9.2% over the course of the last 52 weeks.

At Tuesday's closing price, the value of the shares intended for buyback would be worth about C$245.1 million.

Hudbay can begin buying back shares starting on May 30.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 28, 2025 08:34 ET (12:34 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2538476306"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2538476306\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2538476306?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-28 20:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2538476306","market":"fut","top_or_hot":-1,"title":"Hudbay Minerals Gets TSX Green Light to Buy Back up to 5% of Public Float","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  Hudbay Minerals intends to launch a share repurchase program to buy back up to 5% of its issued and outstanding shares over the course of a one-year period. \n</p>\n<p>\n  The Canadian miner said Wednesday that the Toronto Stock Exchange has approved its plan to buy back up to 19.8 million shares for cancellation. \n</p>\n<p>\n  Shares have risen modestly over the course of the year, up about 6.4% to close on Tuesday at 12.41 Canadian dollars ($8.98). The stock is still down about 9.2% over the course of the last 52 weeks. \n</p>\n<p>\n  At Tuesday's closing price, the value of the shares intended for buyback would be worth about C$245.1 million. \n</p>\n<p>\n  Hudbay can begin buying back shares starting on May 30. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2025 08:34 ET (12:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hudbay Minerals Gets TSX Green Light to Buy Back up to 5% of Public Float</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHudbay Minerals Gets TSX Green Light to Buy Back up to 5% of Public Float\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-28 20:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  Hudbay Minerals intends to launch a share repurchase program to buy back up to 5% of its issued and outstanding shares over the course of a one-year period. \n</p>\n<p>\n  The Canadian miner said Wednesday that the Toronto Stock Exchange has approved its plan to buy back up to 19.8 million shares for cancellation. \n</p>\n<p>\n  Shares have risen modestly over the course of the year, up about 6.4% to close on Tuesday at 12.41 Canadian dollars ($8.98). The stock is still down about 9.2% over the course of the last 52 weeks. \n</p>\n<p>\n  At Tuesday's closing price, the value of the shares intended for buyback would be worth about C$245.1 million. \n</p>\n<p>\n  Hudbay can begin buying back shares starting on May 30. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 28, 2025 08:34 ET (12:34 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4168","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2538476306","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538476306","pubTimestamp":1748435640,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hudbay Minerals intends to launch a share repurchase program to buy back up to 5% of its issued and outstanding shares over the course of a one-year period.The Canadian miner said Wednesday that the Toronto Stock Exchange has approved its plan to buy back up to 19.8 million shares for cancellation.Shares have risen modestly over the course of the year, up about 6.4% to close on Tuesday at 12.41 Canadian dollars . The stock is still down about 9.2% over the course of the last 52 weeks.At Tuesday's closing price, the value of the shares intended for buyback would be worth about C$245.1 million.Hudbay can begin buying back shares starting on May 30.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4168":"多种金属与采矿","HBM":"HudBay Minerals Inc","BK4109":"特种化学制品","MTX":"Minerals Technologies Inc"},"translate_title":"Hudbay Minerals获得多伦多证券交易所批准回购最多5%的公众持股量","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MTX":1,"HBM":1},"content_text":"By Adriano Marchese \n\n\n \n\n\n  Hudbay Minerals intends to launch a share repurchase program to buy back up to 5% of its issued and outstanding shares over the course of a one-year period. \n\n\n  The Canadian miner said Wednesday that the Toronto Stock Exchange has approved its plan to buy back up to 19.8 million shares for cancellation. \n\n\n  Shares have risen modestly over the course of the year, up about 6.4% to close on Tuesday at 12.41 Canadian dollars ($8.98). The stock is still down about 9.2% over the course of the last 52 weeks. \n\n\n  At Tuesday's closing price, the value of the shares intended for buyback would be worth about C$245.1 million. \n\n\n  Hudbay can begin buying back shares starting on May 30. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 28, 2025 08:34 ET (12:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}