Australia's Ramelius Resources jumps on unveiling $166.05 million buyback

Ramelius Resources

09/12/2025 23:25

** Shares of Australia's Ramelius Resources RMS.AX rise as much as 9.8% to A$3.71, their biggest intraday pct gain since April 10

** Stock at its highest level since December 2

** Gold miner says board approved up to A$250 million ($166.05 million) in share buybacks

** Also increases minimum dividend to 2 Au cents/share per annum

** Stock has risen 77.5% this year, including day's moves

($1 = 1.5056 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com))