Equinox Gold Corp. (TSX: EQX; NYSE American: EQX) announced that the TSX has accepted its notice to launch a normal course issuer bid (NCIB) to repurchase up to 39,414,095 common shares, representing approximately 5% of its 788,281,919 shares outstanding as of February 18, 2026.

The buyback may commence on March 2, 2026 and run until March 1, 2027, or until the maximum is reached. Purchases will be made on the TSX, NYSE American or alternative trading systems at prevailing market prices, with a daily TSX limit of 660,178 shares, subject to block purchase exceptions. All repurchased shares will be cancelled.

Management stated the NCIB reflects its view that the current share price does not fully reflect the company’s underlying value. The company has reduced debt by more than US$1.1 billion since Q2 2025 and recently initiated a quarterly dividend of US$0.015 per share.

Equinox Gold expects to implement an automatic share purchase plan (ASPP) to allow repurchases during blackout periods. The company is not obligated to purchase shares and may suspend or discontinue the program at any time.

Source: Equinox Gold press release, February 26, 2026.