Barrick Gold OKs up to C$1 bln stock buyback over next 12 months

Barrick Gold Corp. GOLD, -0.67% ABX, -0.50% said Wednesday it authorized a stock repurchase program of up to $C1 billion ($750 million) over the next 12 months. The company repurchased C$424 million shares in 2022. Barrick Gold stock is up 3.7% in 2023 compared to a rise of 14.3% by the Nasdaq.