Barrick Mining Corporation Declares Increased Dividend and Buybacks
Enhanced Dividend Announcement by Barrick Mining
All amounts expressed in US dollars.
Barrick Mining Corporation (NYSE:B)(TSX:ABX) is excited to share the declaration of an enhanced dividend of $0.15 per share for the second quarter of 2025. This increase aligns with the performance dividend policy that the company inaugurated at the beginning of 2022, reflecting their commitment to returning value to shareholders.
Details of the Upcoming Dividend Payment
Shareholders can expect the Q2 2025 dividend to be distributed on September 15, 2025. Those on record as of August 29, 2025, will be eligible to receive this payment. This strategic approach showcases Barrick's dedication to maintaining substantial returns while bolstering shareholder confidence.
Share Repurchase Program Overview
In conjunction with the dividend announcement, Barrick has actively engaged in share buybacks. During the second quarter alone, the company repurchased approximately 13.50 million shares as part of the buyback initiative introduced in February 2025. To date, a total of about 21.19 million shares have been repurchased this year, equating to around 1.2% of Barrick's total issued shares. The total net cash outlay for these transactions has reached $411 million, which includes $268 million spent in Q2.
Leadership Insights on Shareholder Value
Senior executive vice-president and chief financial officer, Graham Shuttleworth, expressed, “The combination of the performance dividend policy and share buyback program allows us to provide significant benefits to our shareholders.” He highlighted that the consistent operational performance, robust cash flows, and strategic initiatives not only enhance returns but also solidify Barrick’s balance sheet.
About Barrick Mining Corporation
Barrick Mining is a prominent player in the global mining industry, specializing in exploration and development. The company boasts a portfolio that includes one of the largest and most enduring collections of gold and copper assets globally, consisting of six Tier One gold mines. Barrick operates across 18 countries and five continents, making it the largest gold producer in the United States. They focus on delivering long-term value through responsible mining practices, forming strong partnerships, and maintaining disciplined growth.
Company Contact Information
For any inquiries, please reach out to the group investor and media relations through:
Kathy du Plessis
+44 20 7557 7738
barrick@dpapr.com
Frequently Asked Questions
What is the enhanced dividend amount declared by Barrick?
The enhanced dividend announced is $0.15 per share for Q2 2025.
When will the dividend be paid?
The dividend is scheduled for payment on September 15, 2025, to shareholders registered by August 29, 2025.
How many shares has Barrick repurchased this year?
Barrick has repurchased approximately 21.19 million shares as part of the buyback program in 2025.
What is the total amount spent on share repurchases?
The total cash spent on share repurchases has amounted to $411 million.
What are Barrick's main operational focuses?
Barrick focuses on responsible mining, forming strong partnerships, and strategic growth initiatives to deliver long-term value to stakeholders.
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