Basic net income per share is computed by dividing net income available to common stockholders by the weighted average number of shares of the Company’s common stock outstanding during the period. Diluted net income per share reflects the potential dilution that would occur if securities or other contracts to issue common stock were exercised or converted into common stock.

For the three and six months ended June 30, 2026, there were 0.8 million and 0.8 million common stock equivalents, respectively, related to equity-based awards that were not included in the diluted earnings per share calculation as the shares would be antidilutive. Similarly, 1.1 million and 2.8 million common stock equivalents were excluded in the diluted earnings per share calculation for the three and six months ended June 30, 2025, respectively.


	Three Months Ended June 30,				Six Months Ended June 30,
In thousands except per share amounts	2026		2025		2026		2025




Net income available to common stockholders	$	121,853	$	70,726	$	368,614	$	104,079

Weighted average shares:
Basic	1,029,300		637,173		860,864		576,176
Effect of stock-based compensation plans	5,126		5,903		6,553		6,244
Diluted	1,034,426		643,076		867,417		582,420

Income per share:


Basic	$	0.12	$	0.11	$	0.43	$	0.18




Diluted	$	0.12	$	0.11	$	0.42	$	0.18

On May 27, 2025, the Company announced a $75 million share repurchase program (the “Program”). Under the Program, repurchases may be carried out from time to time through opportunistic open-market purchases or by other means in amounts and at prices that Coeur deems appropriate, subject to market and business conditions, applicable legal requirements and other considerations. On June 11, 2025, the Company entered into a 10b-18 share repurchase agreement (the “10b-18 Agreement”) and an issuer securities repurchase 10b5-1 plan (the “Company 10b5-1 Plan”) with BMO Capital Markets Corp. as the Company’s broker. On August 8, 2025, the Company and BMO Capital Markets Corp. amended the Company 10b5-1 Plan to modify certain terms of the arrangement (the “Modified Company 10b5-1 Plan”). On November 12, 2025, the Company and BMO Capital Markets Corp. further amended the First Modified Company 10b5-1 Plan (the “Second Modified Company 10b5-1 Plan”). Pursuant to its terms, the Second Modified Company 10b5-1 Plan terminated on December 12, 2025.

On March 23, 2026, the Company announced an expanded $750 million share repurchase program (the “Expanded Program”), which incorporates and supersedes the Company’s previous Program. Under the Expanded Program, repurchases may be carried out from time to time through opportunistic open-market purchases or by other means in amounts and at prices that Coeur deems appropriate, subject to market and business conditions, applicable legal requirements and other considerations. On May 8, 2026, the Company entered into an issuer securities repurchase 10b5-1 plan (the “Expanded Program Company 10b5-1 Plan”) with BMO Capital Markets Corp. as the Company’s broker.


	Three months ended June 30,		Six months ended June 30,
	2026	2025	2026	2025
Shares repurchased	5,982,312	216,500	5,982,312	216,500
Cost of shares (in thousands)	$110,422	$2,004	$110,422	$2,004
Average price paid per share	$18.44	$9.24	$18.44	$9.24

On May 13, 2026, the Board declared an inaugural dividend of $0.02 per share of Coeur common shares, which was paid on June 10, 2026 to stockholders of record at the close of business on May 25, 2026. Due to an NYSE market holiday on May 25, 2026, the effective record date for the dividend was May 22, 2026. Dividend payments to stockholders in the second quarter totaled approximately $21 million on approximately 1.0 billion qualifying shares.