Ramelius Resources Announces On-Market Buy-Back
Key points
- Ramelius Resources to conduct an on-market buy-back of up to 73,964,497 ordinary shares
- Buy-back period to run from 24/12/2025 to 23/6/2027
- Buy-back to be facilitated by broker UBS
Full summary
Ramelius Resources Ltd has announced an on-market buy-back of up to 73,964,497 of its ordinary shares, representing approximately 3.84% of the company's total issued capital. The buy-back will commence on 24/12/2025 and is scheduled to end on 23/6/2027, a period of 18 months. The buy-back will be facilitated by broker UBS. Ramelius Resources stated that the buy-back is part of the company's ongoing capital management strategy and will be funded from existing cash reserves. The company noted that the buy-back is not subject to shareholder approval. Ramelius Resources Ltd is a gold mining and exploration company with operations in Western Australia.
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