All amounts bidding in US dollars
LONDON, Nov. 04, 2021 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today appear that the third $250 million1 tranche (approximately $0.14 per share2) of the acknowledgment of basic administration totalling $750 million will be paid on December 15, 2021 to shareholders of almanac at the abutting of business on November 30, 2021.
This will accompaniment the $0.09 per allotment allotment declared by the Barrick Board of Directors for the third quarter, which will additionally be paid on December 15, 2021 to shareholders of almanac at the abutting of business on November 30, 2021.3
This follows the approval by shareholders at Barrick’s Annual and Special Meeting on May 4, 2021 of the absolute $750 million acknowledgment of basic distribution. The aboriginal $250 million tranche was paid on June 15, 2021 and the additional $250 million tranche was paid on September 15, 2021.
“We are admiring that the accumulated of our annual allotment and the $750 million acknowledgment of basic administration has provided our shareholders with a almanac akin of banknote allotment totalling about $1.4 billion during 2021, while our able operational and banking achievement during the year has accustomed us to abide to advance in our business and has set us up able-bodied to abide to accommodate allusive allotment to shareholders activity forward,” said arch controlling vice-president and arch banking administrator Graham Shuttleworth.
Enquiries:
President and CEOMark Bristow 1 647 205 7694 44 788 071 1386
Senior EVP and CFOGraham Shuttleworth 1 647 262 2095 44 779 771 1338
Investor and Media RelationsKathy du Plessis 44 20 7557 7738Email: barrick@dpapr.com
Website: www.barrick.com
Endnote 1The funds to be acclimated to pay this $250 actor acknowledgment of basic administration to shareholders represent a allocation of the gain accustomed from the afterward transactions:
Endnote 2Per allotment bulk is estimated based on issued and outstanding Barrick shares as of September 30, 2021 and is accountable to change. The final per allotment bulk to be paid on December 15, 2021 will be affected based on the issued and outstanding Barrick shares as of the November 30, 2021 almanac date.
Endnote 3The acknowledgment and acquittal of assets is at the acumen of the Board of Directors, and will depend on the company’s banking results, banknote requirements, approaching affairs and added factors accounted accordant by the Board.
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How To Use Endnote – How To Use Endnote
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