secwatch.observer — SEC 8-K summary
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Issuer:     SSR MINING INC. (SSRM)
CIK:        0000921638
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0000921638-23-000143
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SSR Mining announces new NCIB to repurchase up to 10.2M shares (5% of outstanding)
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- Up to 10,200,000 common shares authorized for repurchase over 12 months starting June 20, 2023, representing ~5% of shares outstanding.
- Previous NCIB (June 2022–June 2023) repurchased 9,035,319 shares at avg price $16.02 for ~$145M.
- Since 2021, returned >$409M to shareholders, including ~$293M in buybacks reducing shares by 8%.
- Year-to-date 2023 repurchased 2,982,193 shares for >$44M; combined with dividends, expects min $102M return (~3.5% yield).
- Company believes market price undervalues fundamentals; NCIB supplements ongoing base dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921638/000092163823000143/0000921638-23-000143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921638/000092163823000143/ssrm-20230616.htm
  HTML page:      https://secwatch.observer/filing/0000921638-23-000143

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer