B2Gold cuts dividend in favor of share buyback program. Goose still on track for First Gold Pour in Q2


Mining Stock Monkey VIP Bulletin #49 January 13, 2025 B2Gold - $2.49/share After market close today, B2Gold announced that they're cutting their quarterly dividend from $0.04 to 0.02 and launching a share buyback program (NCIB) in which they can buy back and cancel up to 5% of their outstanding shares over a 12-month period. This will allow the company to reduce their share count by as much as ~66 million shares. The NCIB is subject to approval by the TSX. The new annual dividend yield, based...

Read this post with a premium subscription

This post is only available to premium subscribers.

Join today to get access to all posts.

Subscribe
Already a subscriber?