Thursday, November 3, 2022
9:39 AM EST – Barrick Gold Corporation : CEO Mark Bristow says the company remains on track to achieve its 2022 production guidance despite some short-term operational challenges and rising input costs. Third-quarter operating cash flow for the quarter was $758 million and was supplemented by the sale of non-core royalty assets. The robust balance sheet supported a $0.10 per share base dividend plus a $0.05 per share performance dividend for a total of $0.15 per share for the quarter. Under the $1 billion share buyback program, $322 million of shares have been repurchased to date, or approximately 1% of Barrick’s issued and outstanding shares at the time the program was announced. Barrick Gold Corporation (T.ABX ) shares were unchanged at 19.6.
Stocks in Play: Barrick Gold Corporation, Thu, 03 Nov 2022 09:42:07 EST