Newmont Mining to pay special dividend if Goldcorp takeover approved - News Summed Up

Newmont Mining to pay special dividend if Goldcorp takeover approved


DENVER - Newmont Mining Corp. is offering a special dividend to its shareholders if its friendly takeover of Goldcorp Inc., which has faced opposition, wins shareholder approval. Newmont Mining Corp. says it will pay a one-time special dividend of 88 cents per share, conditional upon approval of its takeover of Goldcorp Inc. The company says the dividend will be paid to Newmont shareholders of record as of April 17, which is prior to closing of the proposed Newmont Goldcorp combination. The proposed special dividend would be paid on May 1 to Newmont shareholders of record as of April 17, which is prior to closing of the proposed Newmont Goldcorp combination. Article Continued BelowNewmont shareholders vote on April 11, while Goldcorp shareholders vote April 4.


Source: thestar March 25, 2019 12:30 UTC



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