Barrick Mining Increases Dividend and Expands Share Buyback
Toronto, Monday, 10 November 2025.
Barrick Mining Corporation has announced a 25% increase in its quarterly base dividend to $0.125 per share and repurchased 18.60 million shares in Q3 2025, emphasizing shareholder value enhancement.
Overview of Dividend Increase
Barrick Mining Corporation (NYSE:B, TSX:ABX) has taken a strategic step to enhance shareholder value by announcing a 25% increase in its quarterly base dividend, raising it to $0.125 per share. This decision is part of Barrick’s ongoing commitment to returning capital to shareholders amidst a volatile market environment. The increased dividend will be paid on December 15, 2025, to shareholders of record as of November 28, 2025 [1][2].
Share Buyback Program Expansion
In addition to the dividend increase, Barrick repurchased approximately 18.60 million shares during the third quarter of 2025 under its share buyback program, which was initially announced in February 2025. This brings the total number of shares repurchased this year to approximately 39.79 million, representing about 2.3% of Barrick’s issued and outstanding shares at the time the program was announced. The company has allocated $1.0 billion for these buybacks, including $589 million in the third quarter alone [1][3].
Performance and Financial Outlook
Barrick’s decision to enhance its dividend and expand its share buyback program is underpinned by strong financial performance in the third quarter of 2025. The company reported record operating cash flow of $2.4 billion and free cash flow of $1.5 billion, driven by robust gold production and favorable commodity prices. The improved financial metrics support Barrick’s strategy to maintain a strong balance sheet while delivering meaningful returns to shareholders [1][4].
Future Focus and Strategic Initiatives
Looking ahead, Barrick is focused on expanding its operations in North America, particularly through the development of the Fourmile gold mine in Nevada. This strategic focus is seen as pivotal to the company’s future growth, especially following a challenging year marked by geopolitical issues in Mali, which resulted in a significant write-off. Barrick’s emphasis on North American assets aligns with its broader strategy to leverage its high-quality portfolio for sustainable growth [2][4].