Mr. Graham Shuttleworth reports
BARRICK DECLARES Q2 DIVIDEND AND BUYS BACK SHARES
Barrick Gold Corp. has declared a dividend of 10 U.S. cents per share for the second quarter of 2024. The dividend is consistent with the company's performance dividend policy announced at the start of 2022.
The Q2 2024 dividend will be paid on Sept. 16, 2024, to shareholders of record at the close of business on Aug. 30, 2024.
In addition to the dividend, Barrick repurchased 2.95 million shares during the second quarter under the $1-billion (U.S.) share buyback program that was announced in February, 2024.
"The continued strength of our balance sheet and our world-class gold and copper asset base allow us to distribute a robust quarterly dividend while maintaining ample liquidity to invest in growing our business. Additionally, we took the opportunity to buy back stock at a compelling valuation," said senior executive vice-president and chief financial officer Graham Shuttleworth.
We seek Safe Harbor.
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