Kinross Gold (KGC) announces enhanced share buyback program

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Kinross announces enhanced share buyback program

September 19, 2022 7:00 AM EDT

Commits to $300 million over remainder of 2022 and 75% of excess cash in 2023 and 2024Maintains quarterly dividend while protecting balance sheet and liquidity

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

TORONTO, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (Kinross or the Company) (TSX: K, NYSE: KGC) is pleased to announce that it is launching a new, enhanced share buyback program. The Companys Board of Directors and management believe Kinross shares offer the best return available on shareholders capital and therefore have decided to allocate a more substantial... More