Barrick Mining increases quarterly dividend 25% to 12.5c per share

Barrick Mining (B) announced a 25% increase in its quarterly base dividend to 12.5c per share. The Q3 dividend will be paid on December 15 to shareholders of record at the close of business on November 28. In addition to the enhanced quarterly dividend, Barrick repurchased approximately 18.6M shares during Q3 under the share buyback program that was announced in February. As of the end of Q3, Barrick has repurchased approximately 39.79M shares under this year’s program, or approximately 2.3% of Barrick’s issued and outstanding shares at the time this year’s program was announced, for cash of $1B, including $589M paid during Q3.