SSR Mining sells Çöpler mine for $1.5B, completes $300M buyback, retires all debt

Filed May 5, 2026 · Period ending May 5, 2026 · ~1 min read

Key Changes

• high

  Signed definitive agreement to sell 80% stake in Çöpler mine (Turkey) to Cengiz Holding for $1.5 billion cash, expected to close by Q3 2026. Asset now classified as discontinued operation, simplifying portfolio to Americas-focused assets.

  Exhibit 99.1 verify on EDGAR →
• high

  Completed $300M share buyback after quarter-end, repurchasing 9.2M shares. Since 2021, company has repurchased 29.2M shares at average $21.06/share, returning $775M total to shareholders through buybacks and dividends.

  Exhibit 99.1 verify on EDGAR →
• high

  Retired $230M in convertible notes during Q1 2026, converting principal to 13.1M common shares with $2.6M cash paid for unconverted notes. Company now has no significant long-term debt outstanding.

  Exhibit 99.1 verify on EDGAR →