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Board of Directors has approved an increase to the existing share repurchase program in the amount of $500 million.
In February 2025, Barrick's Board of Directors authorized a program for the repurchase of up to $1.0 billion of the Company's outstanding common shares over the next 12 months at prevailing market prices in accordance with applicable law. Given Barrick's strong performance and significant cash flow generation, the Company has successfully repurchased $1.0 billion of shares as of September 30, 2025, under that original authorization and the Board has now approved a $500 million increase to allow for the potential of further repurchases over the remaining term of the existing program. The Board will consider the size and scope of any 2026 program when it meets in February 2026.
Posted In: B
