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Barrick Raises Base Dividend 25% and Declares Enhanced Q3 Dividend
Barnes Barnes (US:B) Globenewswireยท2025-11-10 10:58

Core Viewpoint - Barrick Mining Corporation has announced a 25% increase in its quarterly base dividend to $0.125 per share, along with a performance dividend of $0.175 per share for Q3 2025, reflecting strong financial performance and shareholder returns [1][4]. Dividend Announcement - The Q3 2025 dividend of $0.175 per share will be paid on December 15, 2025, to shareholders of record as of November 28, 2025 [2]. Share Buyback Program - Barrick repurchased approximately 18.60 million shares during Q3 2025, totaling about 39.79 million shares repurchased this year, which is approximately 2.3% of its issued shares, for a total cash outlay of $1.0 billion, including $589 million spent in Q3 [3]. Performance Dividend Policy - The updated Performance Dividend Policy includes different levels based on net cash thresholds, with the following structure: - Level I: Net cash less than $0 - $0.125 per share - Level II: Net cash greater than $0 and less than $0.5 billion - $0.175 per share - Level III: Net cash greater than $0.5 billion and less than $1 billion - $0.225 per share - Level IV: Net cash greater than $1 billion - $0.275 per share [4]. Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets, operating in 18 countries across five continents, and is the largest gold producer in the United States [5].