Mr. Mark Bristow reports
BARRICK DECLARES Q3 DIVIDEND AND BUYS BACK ADDITIONAL SHARES
Barrick Gold Corp. has declared a dividend of 10 cents per share for the third quarter of 2024. The dividend is consistent with the company's performance dividend policy announced at the start of 2022. All dollar amounts are in U.S. dollars.
The Q3 (third quarter) 2024 dividend will be paid on Dec. 16, 2024, to shareholders of record at the close of business on Nov. 29, 2024.
Barrick also repurchased an additional 4,725,000 shares during the third quarter under the $1-billion share buyback program that was announced in February, 2024, bringing the total repurchases during the year to 7,675,000 shares.
"The continued strength of our balance sheet, bolstered by record high gold prices and our world-class gold and copper asset base, allow us to distribute a robust quarterly dividend while maintaining ample liquidity to invest in the growth of our business and to repurchase additional stock at a compelling valuation," said senior executive vice-president and chief financial officer Graham Shuttleworth.
We seek Safe Harbor.
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