Barrick to Launch $3 Billion Share Buyback Program

Published: 2026-05-11 06:21:21 ET ABX.TO

Published on 05/11/2026 at 06:21 am EDT

By Robb M. Stewart

Barrick Mining's board authorized the repurchase of up to $3 billion of the miner's shares.

The buyback program aims to return cash to shareholders at a time when Barrick said it sees exceptional value in its own shares, particularly in anticipation of the planned initial public offering of its North American assets.

Write to Robb M. Stewart at [email protected]

(END) Dow Jones Newswires

05-11-26 0620ET