Barrick Gold Corporation has authorized a new share repurchase program to buy back up to $1 billion of its common shares over the next 12 months. The company terminated its previous share repurchase program, which repurchased $498 million in shares. Repurchases will be made through various methods, including open market purchases, and will be subject to market conditions and Barrick's financial performance.
TORONTO, Feb. 12, 2025 -- Barrick Gold Corporation announced today that it plans to undertake a new share repurchase program for the buyback of its common shares.
Under the program, repurchases can be made from time to time through published markets in the United States such as the New York Stock Exchange using a variety of methods, including open market purchases, as well as by any other means permitted under the rules of the U.S. Securities and Exchange Commission and other applicable legal requirements.
The repurchase program does not obligate the Company to acquire any particular number of common shares, and the repurchase program may be suspended or discontinued at any time at the Company’s discretion. Forward-looking statements are necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by the Company as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, are inherently subject to significant business, economic, and competitive uncertainties and contingencies.
SHARE REPURCHASE BARRICK GOLD FINANCIALS INVESTMENTS MARKET
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