Newmont Generates Record Quarterly Earnings and Free Cash Flow, Reports First Quarter 2026 Results and Announces Increased Share Repurchase Authorization

About this update from Newmont Corporation

[{"type":"text","content":"DENVER / Apr 23, 2026 / Business Wire / Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) (Newmont or the Company) today announced first quarter 2026 results and declared a dividend of $0.261 per share. \"Newmont delivered strong operational and financial performance in the first quarter, producing approximately 1.3 million attributable gold ounces and generating an all-time record $3.1 billion in quarterly free cash flow, keeping us well on track to achieve our 2026 guidance,\" said Natascha Viljoen, Newmont's President and Chief Executive Officer. \"Supported by our enhanced capital allocation framework, we have doubled the size of our share repurchase program with an additional $6.0 billion authorization, following the full execution of our previous program, under which we repurchased $2.4 billion of shares since the last earnings call. We look forward to building on this momentum in the second quarter and continue delivering sustainable returns to our shareholders.\" Q1 2026 Results On track to meet Newmont's full year 2026 production guidance2 of 5.3 million attributable gold ounces; produced 1.3 million attributable gold ounces, as well as 9 million ounces of silver and 30 thousand tonnes of copper, primarily from Newmont's managed operations Gold by-product All-In Sustaining Costs (AISC) was $1,029 per ounce3, benefitting from favorable silver and copper sales volume and prices, ongoing cost and productivity initiatives, and lower sustaining capital spend Reported Net Income of $3.3 billion, Adjusted Net Income (ANI)3 of $3.2 billion or $2.90 per diluted share, and Adjusted EBITDA3 of $5.2 billion Generated $3.8 billion of cash from operating activities, net of working capital impacts of $202 million; reported record Free Cash Flow3 of $3.1 billion Delivered $2.7 billion of shareholder returns through share repurchases and dividend payments since the last earnings call4; declared a dividend of $0.26 per share of common stock for the first quarter of 2026 Through the date of filing, Newmont has executed and settled total trades of common stock repurchases of $6.0 billion under the previously authorized share purchase programs, including $2.4 billion since the last earnings call5 Newmont's Board of Directors authorized an additional $6.0 billion share repurchase program to be executed at the Company's discretion in line ...

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