{"success":true,"data":{"pressRelease":{"id":"94976","rtpr_id":"nPNAYcJ8ja","ticker":"OGC","exchange":"NYSE","all_tickers":["OGC"],"title":"OceanaGold Announces Renewal of Share Buyback","author":"PR Newswire","published_at":"2026-07-22T11:00:03.648Z","article_body":"OceanaGold Announces Renewal of Share Buyback\nPR Newswire\n\nVANCOUVER, BC, July 22, 2026\n\n(All financial figures in United States dollars unless otherwise stated)\n\nVANCOUVER, BC, July 22, 2026 /PRNewswire/ -- OceanaGold Corporation (TSX: OGC)\n(NYSE: OGC) (\"OceanaGold\" or the \"Company\") announces it has received\napproval from the Toronto Stock Exchange (\"TSX\") to renew its Normal Course\nIssuer Bid (\"NCIB\"), permitting the Company to buy back up to 22 million\ncommon shares (\"Common Shares\"), representing approximately the maximum of 10%\nof the Company's public float, over the next 12 months. As of July\n21, 2026, there were a total of 222,447,523 Common Shares issued and\noutstanding.\n\nOver the prior 12 months, OceanaGold repurchased $270 million of Common\nShares under the previous NCIB. In February 2026, the Company announced that\nthe Board had approved up to $350 million of share buybacks for the full-year\n2026, with $134 million completed year to date. Since initiating its share\nbuyback program in July 2024, the Company has returned over $325 million to\nshareholders through share repurchases.\n\nGerard Bond, President and Chief Executive Officer of OceanaGold,\nsaid \"OceanaGold's continued strong free cash flow generation is allowing us\nto invest in growth and exploration, further strengthen our net cash position\nand return more to shareholders in 2026 via a higher dividend and increased\nshare buyback program. In line with our capital allocation framework, we are\npleased to announce the renewal of our NCIB program, demonstrating our ongoing\ncommitment to delivering meaningful capital returns to shareholders.\"\n\nUnder the NCIB, the Company may, during the period commencing\non July 24, 2026, and ending on or before July 23, 2027, purchase up to\napproximately 22 million Common Shares through the facilities of the TSX, the\nNew York Stock Exchange and alternative trading systems in Canada and the\nUnited States. Under the terms of the NCIB, the Company may purchase up to\na daily maximum of 209,812 Common Shares (being 25% of the average daily\ntrading volume of 839,249 Common Shares for the six-month period\nended June 30, 2026).\n\nIn connection with the NCIB, the Company has entered into an Automatic Share\nPurchase Plan (\"ASPP\") with a designated broker to allow for the repurchase\nof Common Shares at times when the Company ordinarily would not be active in\nthe market due to its own internal trading blackout periods.\n\nThe ASPP will terminate on the earliest of the date on which the: (i) purchase\nlimit under the NCIB has been reached; (ii) NCIB expires; and (iii) ASPP\notherwise terminates in accordance with its terms. The ASPP constitutes\nan \"automatic plan\" for purposes of applicable Canadian securities\nlegislation and the agreement governing the plan has been pre-cleared by\nthe TSX.\n\nThe actual number of Common Shares that may be purchased and the timing of\nsuch purchases will be determined by the Company in accordance with applicable\nlaws and the ASPP. Decisions regarding purchases will be based on market\nconditions, share price, best use of available cash, and other factors. Any\nCommon Shares that are purchased under the NCIB will be cancelled.\n\nAs of July 21, 2026, a total of 221,431,023 Common Shares made up the\nCompany's public float or the number of Common Shares available for trading,\nexcluding those held by insiders.\n\nUnder the previous NCIB, the Company sought and obtained TSX approval to\nrepurchase approximately 23 million Common Shares. Over the prior 12 months, a\ntotal of 9,827,224 Common Shares were purchased through the facilities of\nthe TSX and alternative trading systems in Canada, in part through an ASPP\nwith a designated broker, at an average price of C$37.61 per Common Share.\n\nAbout OceanaGold\n\nOceanaGold is a global intermediate gold and copper producer committed to\nsafely and responsibly maximizing the generation of free cash flow from our\noperations and delivering strong returns for our shareholders. We have a\nportfolio of four operating mines: the wholly-owned Haile Gold Mine in the\nUnited States of America; the wholly-owned Macraes and Waihi operations in New\nZealand; and the 80%-owned Didipio Mine in the Philippines.\n\nCautionary Statement Regarding Forward-Looking Information\n\nThis news release contains certain \"forward-looking statements\"\nand \"forward-looking information\" (collectively, \"forward-looking\nstatements\") within the meaning of applicable Canadian and United States\nsecurities laws, which may include, but are not limited to, statements with\nrespect to the amount of and timing for anticipated purchases under the NCIB\nand the ASPP. All statements in this news release that address events or\ndevelopments that the Company expects to occur in the future are\nforward-looking statements. Forward-looking statements are statements that are\nnot historical facts and are generally, although not always, identified by\nwords such as \"may\", \"plans\", \"expects\", \"projects\", \"is expected\",\n\"scheduled\", \"potential\", \"estimates\", \"forecasts\", \"intends\", \"targets\",\n\"aims\", \"anticipates\" or \"believes\" or variations (including negative\nvariations) of such words and phrases, or may be identified by statements to\nthe effect that certain actions, events or results \"may\", \"could\", \"would\",\n\"should\", \"might\" or \"will\" be taken, occur or be achieved.\n\nForward-looking statements involve known and unknown risks, uncertainties and\nother factors which may cause the actual results, performance or achievements\nof the Company to be materially different from any future results, performance\nor achievements expressed or implied by the forward-looking statements. Such\nrisks include, among others, those risk factors identified and described in\nmore detail in the section entitled \"Risk Factors\" contained in the Company's\nmost recent Annual Information Form and the Company's other filings with\nCanadian securities regulators and the U.S. Securities and Exchange Commission\n(the \"SEC\"), which are available under the Company's profile on SEDAR+ at\nsedarplus.ca and sec.gov, respectively, and on the Company's website at\noceanagold.com. The list is not exhaustive of the factors that may affect the\nCompany's forward-looking statements.\n\nThe Company's forward-looking statements are based on the applicable\nassumptions and factors Management considers reasonable as of the date hereof,\nbased on the information available to Management at such time. These\nassumptions and factors include, but are not limited to, assumptions and\nfactors related to the Company's ability to carry on current and future\noperations, including: exploration and development activities; the timing,\nextent, duration and economic viability of such operations; the accuracy and\nreliability of estimates, projections, forecasts, studies and assessments; the\nCompany's ability to meet or achieve Guidance, estimates, projections and\nforecasts; the availability and cost of inputs; the price and market for\noutputs, including gold, copper and silver; foreign exchange rates; taxation\nlevels; the timely receipt of necessary permits, certifications, approvals or\nlicences; the ability to meet current and future obligations; the ability to\nobtain timely financing on reasonable terms when required; the current and\nfuture social, economic and political conditions; and other assumptions and\nfactors generally associated with the mining industry.\n\nThe Company's forward-looking statements are based on the opinions and\nestimates of Management and reflect their current expectations regarding\nfuture events and operating performance and speak only as of the date hereof.\nThe Company does not assume any obligation to update forward-looking\nstatements if circumstances or Management's beliefs, expectations or opinions\nshould change other than as required by applicable laws. There can be no\nassurance that forward-looking statements will prove to be accurate, and\nactual results, performance or achievements could differ materially from those\nexpressed in, or implied by, these forward-looking statements. Accordingly, no\nassurance can be given that any events anticipated by the forward-looking\nstatements will transpire or occur, or if any of them do, what benefits or\nliabilities the Company will derive therefrom. For the reasons set forth\nabove, undue reliance should not be placed on forward-looking statements.\n\n\nView original content to download\nmultimedia:https://www.prnewswire.com/apac/news-releases/oceanagold-announces-renewal-of-share-buyback-302831606.html\n\nSOURCE OceanaGold Corporation\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1098335/OceanaGold-Corporation-OceanaGold-Announces-Renewal-of-Share-Buy.jpg?id=OA2778885\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPNAYcJ8ja","title":"OceanaGold Announces Renewal of Share Buyback","author":"PR Newswire","ticker":"OGC","created":"2026-07-22T11:00:03.648Z","tickers":["OGC"],"exchange":"NYSE","article_body":"OceanaGold Announces Renewal of Share Buyback\nPR Newswire\n\nVANCOUVER, BC, July 22, 2026\n\n(All financial figures in United States dollars unless otherwise stated)\n\nVANCOUVER, BC, July 22, 2026 /PRNewswire/ -- OceanaGold Corporation (TSX: OGC)\n(NYSE: OGC) (\"OceanaGold\" or the \"Company\") announces it has received\napproval from the Toronto Stock Exchange (\"TSX\") to renew its Normal Course\nIssuer Bid (\"NCIB\"), permitting the Company to buy back up to 22 million\ncommon shares (\"Common Shares\"), representing approximately the maximum of 10%\nof the Company's public float, over the next 12 months. As of July\n21, 2026, there were a total of 222,447,523 Common Shares issued and\noutstanding.\n\nOver the prior 12 months, OceanaGold repurchased $270 million of Common\nShares under the previous NCIB. In February 2026, the Company announced that\nthe Board had approved up to $350 million of share buybacks for the full-year\n2026, with $134 million completed year to date. Since initiating its share\nbuyback program in July 2024, the Company has returned over $325 million to\nshareholders through share repurchases.\n\nGerard Bond, President and Chief Executive Officer of OceanaGold,\nsaid \"OceanaGold's continued strong free cash flow generation is allowing us\nto invest in growth and exploration, further strengthen our net cash position\nand return more to shareholders in 2026 via a higher dividend and increased\nshare buyback program. In line with our capital allocation framework, we are\npleased to announce the renewal of our NCIB program, demonstrating our ongoing\ncommitment to delivering meaningful capital returns to shareholders.\"\n\nUnder the NCIB, the Company may, during the period commencing\non July 24, 2026, and ending on or before July 23, 2027, purchase up to\napproximately 22 million Common Shares through the facilities of the TSX, the\nNew York Stock Exchange and alternative trading systems in Canada and the\nUnited States. Under the terms of the NCIB, the Company may purchase up to\na daily maximum of 209,812 Common Shares (being 25% of the average daily\ntrading volume of 839,249 Common Shares for the six-month period\nended June 30, 2026).\n\nIn connection with the NCIB, the Company has entered into an Automatic Share\nPurchase Plan (\"ASPP\") with a designated broker to allow for the repurchase\nof Common Shares at times when the Company ordinarily would not be active in\nthe market due to its own internal trading blackout periods.\n\nThe ASPP will terminate on the earliest of the date on which the: (i) purchase\nlimit under the NCIB has been reached; (ii) NCIB expires; and (iii) ASPP\notherwise terminates in accordance with its terms. The ASPP constitutes\nan \"automatic plan\" for purposes of applicable Canadian securities\nlegislation and the agreement governing the plan has been pre-cleared by\nthe TSX.\n\nThe actual number of Common Shares that may be purchased and the timing of\nsuch purchases will be determined by the Company in accordance with applicable\nlaws and the ASPP. Decisions regarding purchases will be based on market\nconditions, share price, best use of available cash, and other factors. Any\nCommon Shares that are purchased under the NCIB will be cancelled.\n\nAs of July 21, 2026, a total of 221,431,023 Common Shares made up the\nCompany's public float or the number of Common Shares available for trading,\nexcluding those held by insiders.\n\nUnder the previous NCIB, the Company sought and obtained TSX approval to\nrepurchase approximately 23 million Common Shares. Over the prior 12 months, a\ntotal of 9,827,224 Common Shares were purchased through the facilities of\nthe TSX and alternative trading systems in Canada, in part through an ASPP\nwith a designated broker, at an average price of C$37.61 per Common Share.\n\nAbout OceanaGold\n\nOceanaGold is a global intermediate gold and copper producer committed to\nsafely and responsibly maximizing the generation of free cash flow from our\noperations and delivering strong returns for our shareholders. We have a\nportfolio of four operating mines: the wholly-owned Haile Gold Mine in the\nUnited States of America; the wholly-owned Macraes and Waihi operations in New\nZealand; and the 80%-owned Didipio Mine in the Philippines.\n\nCautionary Statement Regarding Forward-Looking Information\n\nThis news release contains certain \"forward-looking statements\"\nand \"forward-looking information\" (collectively, \"forward-looking\nstatements\") within the meaning of applicable Canadian and United States\nsecurities laws, which may include, but are not limited to, statements with\nrespect to the amount of and timing for anticipated purchases under the NCIB\nand the ASPP. All statements in this news release that address events or\ndevelopments that the Company expects to occur in the future are\nforward-looking statements. Forward-looking statements are statements that are\nnot historical facts and are generally, although not always, identified by\nwords such as \"may\", \"plans\", \"expects\", \"projects\", \"is expected\",\n\"scheduled\", \"potential\", \"estimates\", \"forecasts\", \"intends\", \"targets\",\n\"aims\", \"anticipates\" or \"believes\" or variations (including negative\nvariations) of such words and phrases, or may be identified by statements to\nthe effect that certain actions, events or results \"may\", \"could\", \"would\",\n\"should\", \"might\" or \"will\" be taken, occur or be achieved.\n\nForward-looking statements involve known and unknown risks, uncertainties and\nother factors which may cause the actual results, performance or achievements\nof the Company to be materially different from any future results, performance\nor achievements expressed or implied by the forward-looking statements. Such\nrisks include, among others, those risk factors identified and described in\nmore detail in the section entitled \"Risk Factors\" contained in the Company's\nmost recent Annual Information Form and the Company's other filings with\nCanadian securities regulators and the U.S. Securities and Exchange Commission\n(the \"SEC\"), which are available under the Company's profile on SEDAR+ at\nsedarplus.ca and sec.gov, respectively, and on the Company's website at\noceanagold.com. The list is not exhaustive of the factors that may affect the\nCompany's forward-looking statements.\n\nThe Company's forward-looking statements are based on the applicable\nassumptions and factors Management considers reasonable as of the date hereof,\nbased on the information available to Management at such time. These\nassumptions and factors include, but are not limited to, assumptions and\nfactors related to the Company's ability to carry on current and future\noperations, including: exploration and development activities; the timing,\nextent, duration and economic viability of such operations; the accuracy and\nreliability of estimates, projections, forecasts, studies and assessments; the\nCompany's ability to meet or achieve Guidance, estimates, projections and\nforecasts; the availability and cost of inputs; the price and market for\noutputs, including gold, copper and silver; foreign exchange rates; taxation\nlevels; the timely receipt of necessary permits, certifications, approvals or\nlicences; the ability to meet current and future obligations; the ability to\nobtain timely financing on reasonable terms when required; the current and\nfuture social, economic and political conditions; and other assumptions and\nfactors generally associated with the mining industry.\n\nThe Company's forward-looking statements are based on the opinions and\nestimates of Management and reflect their current expectations regarding\nfuture events and operating performance and speak only as of the date hereof.\nThe Company does not assume any obligation to update forward-looking\nstatements if circumstances or Management's beliefs, expectations or opinions\nshould change other than as required by applicable laws. There can be no\nassurance that forward-looking statements will prove to be accurate, and\nactual results, performance or achievements could differ materially from those\nexpressed in, or implied by, these forward-looking statements. Accordingly, no\nassurance can be given that any events anticipated by the forward-looking\nstatements will transpire or occur, or if any of them do, what benefits or\nliabilities the Company will derive therefrom. For the reasons set forth\nabove, undue reliance should not be placed on forward-looking statements.\n\n\nView original content to download\nmultimedia:https://www.prnewswire.com/apac/news-releases/oceanagold-announces-renewal-of-share-buyback-302831606.html\n\nSOURCE OceanaGold Corporation\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1098335/OceanaGold-Corporation-OceanaGold-Announces-Renewal-of-Share-Buy.jpg?id=OA2778885\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-07-22T11:00:04.81897201Z","server_sent_at_ms":1784718004818},"received_at":"2026-07-22T11:00:04.870Z","source_url":null},"analysis":{"id":"84017","press_release_id":"94976","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"buyback","narrative":"OceanaGold received TSX approval to renew its Normal Course Issuer Bid, authorizing the repurchase of up to 22 million common shares, or approximately 10% of its public float, over the next 12 months.\n\nThe company has returned over $325 million to shareholders since initiating buybacks in July 2024, with $134 million completed so far in 2026 against a $350 million full-year target.\n\nCEO Gerard Bond attributed the program to strong free cash flow generation, noting that the company is increasing returns via both a higher dividend and the expanded buyback program.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"NCIB renewal covering 10% of float signals continued confidence in FCF generation."},"keyFigures":{"customDimensions":{"outstanding_shares":222447523,"public_float_shares":221431023,"buyback_ytd_2026_usd":134000000,"buyback_prior_12m_usd":270000000,"max_shares_repurchase":22000000,"avg_daily_trading_volume":839249,"daily_max_purchase_shares":209812,"prior_12m_shares_purchased":9827224,"total_returned_july_2024_usd":325000000,"avg_price_prior_repurchase_cad":37.61,"buyback_full_year_2026_auth_usd":350000000}},"quotedText":"OceanaGold's continued strong free cash flow generation is allowing us to invest in growth and exploration, further strengthen our net cash position and return more to shareholders in 2026 via a higher dividend and increased share buyback program.","namedEntities":{"people":[{"name":"Gerard Bond","role":"President and Chief Executive Officer"}],"products":[],"companies":[{"name":"OceanaGold Corporation","ticker":"OGC"},{"name":"Toronto Stock Exchange","relationship":"exchange"},{"name":"New York Stock Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$270 million","context":"shares repurchased under previous NCIB"},{"amount":"$350 million","context":"share buyback authorization for full-year 2026"},{"amount":"$134 million","context":"buybacks completed year to date"},{"amount":"$325 million","context":"total returned to shareholders since July 2024"},{"amount":"C$37.61","context":"average price per share in prior 12 months"}]},"materialImpact":{"score":3,"reasoning":"Renewal of Normal Course Issuer Bid allowing repurchase of up to 10% of public float. Supported by strong free cash flow and consistent with existing $350M annual authorization."},"tickerRelevance":{"others":[],"primary":"OGC"},"globalImportance":25,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"routine_buyback_renewal","sectorWeight":"materials"}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"OceanaGold received TSX approval to renew its Normal Course Issuer Bid, authorizing the repurchase of up to 22 million common shares, or approximately 10% of its public float, over the next 12 months.\n\nThe company has returned over $325 million to shareholders since initiating buybacks in July 2024, with $134 million completed so far in 2026 against a $350 million full-year target.\n\nCEO Gerard Bond attributed the program to strong free cash flow generation, noting that the company is increasing returns via both a higher dividend and the expanded buyback program.","key_figures":{"customDimensions":{"outstanding_shares":222447523,"public_float_shares":221431023,"buyback_ytd_2026_usd":134000000,"buyback_prior_12m_usd":270000000,"max_shares_repurchase":22000000,"avg_daily_trading_volume":839249,"daily_max_purchase_shares":209812,"prior_12m_shares_purchased":9827224,"total_returned_july_2024_usd":325000000,"avg_price_prior_repurchase_cad":37.61,"buyback_full_year_2026_auth_usd":350000000}},"named_entities":{"people":[{"name":"Gerard Bond","role":"President and Chief Executive Officer"}],"products":[],"companies":[{"name":"OceanaGold Corporation","ticker":"OGC"},{"name":"Toronto Stock Exchange","relationship":"exchange"},{"name":"New York Stock Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$270 million","context":"shares repurchased under previous NCIB"},{"amount":"$350 million","context":"share buyback authorization for full-year 2026"},{"amount":"$134 million","context":"buybacks completed year to date"},{"amount":"$325 million","context":"total returned to shareholders since July 2024"},{"amount":"C$37.61","context":"average price per share in prior 12 months"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-22T12:03:29.892Z","global_importance":25,"audience_relevance":20,"importance_components":{"tickerTier":"mid-cap","eventGravity":"routine_buyback_renewal","sectorWeight":"materials"}},"durationMs":138983,"modelName":"glm-4.7"}}