Barrick hikes quarterly dividend 140% to 42 U.S. cents

Executive Summary

• Barrick Mining Corp. declared a 42-cent-per-share dividend for Q4 2025, representing a 140% increase from the previous quarter.
• The company introduced a new dividend policy targeting a 50% payout of attributable free cash flow, structured as a fixed quarterly base plus an annual performance top-up.
• Barrick reported substantial share repurchases, totaling $1.5 billion for the year, including $500 million in Q4, representing approximately 3.0% of outstanding shares.

Key Details

• Q4 2025 Dividend: 42 cents per share (up 140% from Q3).
• Payment Date: March 16, 2026.
• Record Date: February 27, 2026.
• New Dividend Policy Target: 50% of attributable free cash flow on an annualized basis.
• Policy Structure: Fixed base quarterly dividend of 17.5 cents per share + performance top-up component at year-end based on attributable FCF.
• Policy Flexibility: Actual payout may vary based on cash flow strength, capital needs, balance sheet considerations, and other factors.
• Share Repurchases (Q4 2025): ~12.11 million shares repurchased.
• Share Repurchases (Full Year 2025): ~51.90 million shares repurchased (~3.0% of issued/outstanding shares at program announcement).
• Total Repurchase Value: $1.5 billion in cash, including $500 million paid during Q4.
• Currency: All financial amounts expressed in United States dollars.