Barrick Mining Refocuses Portfolio As Buyback And U.S. Listing Loom
Barrick Mining (NYSE:B) is shifting away from higher risk African assets and focusing its portfolio on operations in more stable regions. The company has approved a large share repurchase program, signaling active use of its balance sheet for shareholder returns. Barrick Mining also plans to pursue a U.S. listing of its North American operations in order to broaden its investor base. At a share price of $40.68, NYSE:B comes into this news after very large 3 year and 1 year returns and a...
Barrick Mining (NYSE:B) is shifting away from higher risk African assets and focusing its portfolio on operations in more stable regions. The company has approved a large share repurchase program, signaling active use of its balance sheet for shareholder returns. Barrick Mining also plans to pursue a U.S. listing of its North American operations in order to broaden its investor base. At a share price of $40.68, NYSE:B comes into this news after very large 3 year and 1 year returns and a...