Barrick Declares Increased Dividend and Announces New Dividend Policy

Core Viewpoint - Barrick Mining Corporation has declared a significant increase in its dividend for Q4 2025, alongside a new dividend policy aimed at enhancing shareholder returns [1][3]. Dividend Announcement - The company announced a dividend of $0.42 per share for Q4 2025, marking a 140% increase compared to the third quarter [1]. - The dividend will be paid on March 16, 2026, to shareholders of record as of February 27, 2026 [1]. Share Buyback Program - Barrick repurchased approximately 12.11 million shares during Q4 2025 under its share buyback program initiated in February 2025 [2]. - In total, the company repurchased about 51.90 million shares throughout 2025, representing approximately 3.0% of its issued and outstanding shares, for a total cash outlay of $1.5 billion, including $500 million in Q4 [2]. New Dividend Policy - The new dividend policy targets a total payout of 50% of attributable free cash flow on an annualized basis, consisting of a fixed base quarterly dividend of $0.175 per share and a performance top-up component at year-end based on the attributable free cash flow [3]. - The actual dividend paid may vary from the 50% target depending on cash flow strength, capital needs, and balance sheet considerations [3]. Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets across 17 countries and five continents [4]. - The company is recognized as the largest gold producer in the United States and aims to create long-term value for stakeholders through responsible mining and strong partnerships [4].