Barrick Gold announced that it plans to undertake a new share repurchase program to buy back additional common shares. Barrick’s board of directors has authorized a new program for the repurchase of up to $1B of the company’s outstanding common shares over the next 12 months at prevailing market prices in accordance with applicable law. In connection with the new share repurchase program, Barrick has terminated the share repurchase program announced by the company on February 16. The company repurchased $424M in common shares under its 2022 share repurchase program.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on GOLD:
- Barrick Announces New Share Buyback Program
- Significant Increase in Reserves and Resources Continues to Drive Barrick’s Industry-Leading Production Growth Profile
- Barrick Reports Record Annual Returns to Shareholders in 2022 and Declares Q4 Dividend
- Barrick Gold downgraded to Neutral from Outperform at Exane BNP Paribas
- Barrick Gold announces increase in resources, reserves
