Barrick Announces Dividend for Q2 2019
August 12 2019 - 6:58AM
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that
its Board of Directors has declared a dividend for the second
quarter of 2019 of $0.04 per share, payable on September 16,
2019 to shareholders of record at the close of business on August
30, 2019.1
Chief Financial Officer Graham Shuttleworth said
our business continues to perform well and the dividend reflects
the strength and stability of our cashflows and is consistent with
our stated financial and operating objectives.
Barrick also announced the elimination of the
discount under its dividend reinvestment plan (the "Plan"),
effective August 12, 2019. Accordingly, the dividend payable
on September 16, 2019 to shareholders of record at the close of
business on August 30, 2019 will not be eligible to be reinvested
at a discount under the Plan. During the period in which no
discount applies under the Plan, participants may still reinvest
their cash dividends into additional common shares issued from
treasury at the Average Market Price (as defined in the
Plan). A copy of the Amended and Restated Plan is available
on Barrick’s website at www.barrick.com.
Enquiries:
Mark Bristow President and Chief Executive Officer+1 647 205
7694+44 788 071 1386 |
Graham ShuttleworthSenior Executive Vice-President and Chief
Financial Officer+1 647 262 2095+44 779 771 1338+44 1534 735
333 |
Kathy du Plessis Investor and Media Relations+44 20 7557
7738barrick@dpapr.com |
Website: www.barrick.com
1 The declaration and payment of dividends is at the discretion
of the Board of Directors, and will depend on the Company’s
financial results, cash requirements, future prospects, and other
factors deemed relevant by the Board.
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