Business
Barrick Reports Share Repurchases and Declares Q1 Dividend
All amounts expressed in US dollars TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Barrick Minin...
About this update from Barrick Mining Corporation
[{"type":"text","content":"Barrick Reports Share Repurchases and Declares Q1 Dividend\n\n\n\n\n All amounts expressed in US dollars\n \n\n\n TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:GOLD\n \n 1\n \n )(TSX:ABX) (“Barrick” or the “Company”) today announced the declaration of a dividend of $0.10 per share for the first quarter of 2025. The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of 2022.\n \n\n The Q1 2025 dividend will be paid on June 16, 2025 to shareholders of record at the close of business on May 30, 2025.\n \n\n In addition to the quarterly dividend, Barrick repurchased approximately 7.69 million shares during Q1 under the share buyback program that was announced in February 2025.\n \n\n “Our operating performance and growing margins have allowed us to provide significant returns to shareholders during the quarter through the combination of dividends and share buybacks at a compelling valuation. At the same time, Barrick’s balance sheet continues to be one of the strongest in the industry, ensuring we have the liquidity to invest in our significant growth projects,” said senior executive vice-president and chief financial officer Graham Shuttleworth.\n \n\n\n Enquiries:\n \n\n\n\n Investor and Media Relations\n \n\n Kathy du Plessis\n \n +44 20 7557 7738\n \n Email:\n \n [email protected]\n \n\n\n\n Website:\n \n\n www.barrick.com\n \n\n\n\n Endnote 1\n \n\n The ticker symbol for the Barrick common shares listed on the New York Stock Exchange is changing from ‘GOLD’ to ‘B’, effective at the start of trading on May 9, 2025. The Barrick common shares will continue to trade under the ‘ABX’ ticker symbol on the Toronto Stock Exchange. The new CUSIP number for the Barrick common shares effective at the start of trading on May 9, 2025 will be 06849F108.\n \n\n\n Cautionary Statement on Forward-Looking Information\n \n\n Certain information contained or incorporated by reference in this press release, including any information as to our strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “will...