⬆ Newmont Mining - Newmont now returns ~75% of free cash flow: a fixed $1.1bn dividend plus formula buybacks ($7.7bn done, $4.3bn left), with $3.4bn net cash. Gold price, not policy, sets the pace.
Continue reading on Smartkarma:- https://www.smartkarma.com/insights/gold-equities-a-detailed-look-at-the-capital-allocation-plans-of-our-universe-newmont-nem-us?utm_source=tiger_community
By Sameer Taneja, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/sameer-taneja-a0539e0c-84dd-4e66-9c40-6e598edfb4c5?utm_source=tiger_community
On Newmont Mining (NEM):- https://www.smartkarma.com/entities/newmont-mining-corp?utm_source=tiger_community