On Friday, Shares of Barrick Gold Corporation (USA) (NYSE:ABX), lost -3.98% to $7.84. 16.39 million shares of the company were exchanged.
Barrick Gold Corporation (ABX) declared the results as of 5:00 p.m., New York City time, on October 13, 2015 (the “Early Tender Date”), of its cash tender offer (the “Tender Offer”) for specified series of outstanding notes (the “Notes”). The terms and conditions of the Tender Offer are described in an offer to purchase (the “Offer to Purchase”) and the related letter of transmittal (the “Letter of Transmittal”), each dated September 29, 2015.
The Tender Offer
The Tender Offer commenced on September 29, 2015. Barrick, Barrick North America Finance LLC and Barrick (PD) Australia Finance Pty Ltd are offering to purchase for cash the series of Notes set out in the table below for an aggregate purchase price (counting principal and premium) of up to the Maximum Tender Amount plus accrued and unpaid interest on the Notes from the last applicable interest payment date up to, but not counting, the settlement date.
In addition, the aggregate principal amount preceding offer to purchase the series of Notes with Acceptance preceding Level 2 will be limited to $275,000,000. If there are sufficient remaining funds to purchase some, but not all, of the Notes tendered of any series the amount of Notes purchased in that series will be subject to proration using the procedure more fully described in the Offer to Purchase. In addition, if preceding 2 Notes are validly tendered and not validly withdrawn such that the aggregate principal amount of such preceding 2 Notes would exceed the preceding 2 Tender Cap, the amount of preceding 2 Notes purchased will be subject to preceding using the procedure more fully described in the Offer to Purchase.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.
Shares of The Coca-Cola Co (NYSE:KO), inclined 0.24% to $42.02, during its last trading session.
The Board of Directors of The Coca-Cola Co (KO), declared a regular quarterly dividend of 33 cents per common share. The dividend is payable Dec. 15, 2015 to shareowners of record as of Dec. 1, 2015.
The Board earlier this year approved the Company’s 53rd successive annual dividend enhance, raising the quarterly dividend 8 percent from 30.5 cents to 33 cents per common share. This is equivalent to an annual dividend of $1.32 per share, up from $1.22 per share in 2014. The enhance reflects the Board’s confidence in the Company’s long-term cash flow.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.
At the end of Friday’s trade, Shares of Sprint Corp (NYSE:S), inclined 0.47% to $4.29.
Sprint Corporation (NYSE:S) will release its financial results for the second fiscal quarter of 2015 on Tuesday, November 3rd. The results will be posted at www.sprint.com/investors at about 7:30 a.m. ET. Sprint administration will host a conference call at 8:30 a.m. ET to talk about the results.
Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.
