Core Viewpoint - Equinox Gold Corp. has announced a normal course issuer bid (NCIB) to repurchase up to 39,414,095 common shares, representing approximately 5% of its issued shares, to enhance shareholder value and reflect the company's underlying potential [1][2][3] Financial Position - The company has reduced its debt by over US$1.1 billion since Q2 2025, strengthening its balance sheet and enabling the initiation of a quarterly cash dividend of US$0.015 per share [2] - Equinox Gold expects to generate sufficient free cash flow in 2026 to support both the share repurchase and the dividend, indicating a strong financial position [3] Share Repurchase Program - The NCIB will allow purchases at prevailing market prices over a 12-month period starting March 2, 2026, with a maximum daily purchase limit of 660,178 common shares [1][3] - All shares repurchased under the NCIB will be cancelled, and the actual number and timing of purchases will depend on market conditions and management's discretion [4] Automatic Share Purchase Plan (ASPP) - The company plans to implement an automatic share purchase plan (ASPP) to facilitate share repurchases during regulatory black-out periods, allowing for continuous repurchase activity [5] - The ASPP will operate under the terms set by the company and will terminate when the NCIB expires [5]