Barrick Gold Corp T.ABX

Fear Not Fellow Shareholders...Buybacks Are Great For Us👍

[bull_runz]

“The continued strength of our balance sheet, bolstered by record high gold prices and our world class gold and copper asset base, allow us to distribute a robust quarterly dividend while maintaining ample liquidity to invest in the growth of our business and to repurchase additional stock at a compelling valuation,” said senior executive vice-president and chief financial officer Graham Shuttleworth.

[GripnRip]

and to try and get our options into the money 'cuz we can't do it by mining Share buybacks are a collosal waste of shareholder money...if you want to give money back to shareholders....INCREASE THE DIVIDEND FFS. That gives me $$ right into my pocket

[bull_runz]

The advantages of share buybacks include:   1. Boost EPS: By reducing the number of outstanding shares, share repurchases tend to increase a company’s earnings per share (EPS), a key metric for Wall Street.   2. Signal undervaluation: A share buyback signals to the market that a company believes its stock is undervalued, which can lead to increased investor confidence and a

[bull_runz]

Getting better, and better  ;) P/CF Ratio 6.80

[1234bmth]

It is not the buyback that determines shareholders' returns, rather it is the SP and dividend. This stock is down 15% in one month and 0.50% down year to date with gold price in the roof and at some point made all time high, where is the buyback advantage? Buyback IMO is just throwing the cash in the garbage, 

[bull_runz]

Sell then ;)