KIRKLAND LAKE GOLD REPURCHASES 10.1 MILLION COMMON SHARES, DOUBLES QUARTERLY DIVIDEND
Kirkland Lake Gold Ltd. Common Shares (KL)
Last kirkland lake gold ltd. common shares earnings: 2/20 02:09 am
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US:NYSE Investor Relations:
klgold.com/investors/default.aspx
Company Research
Source: GlobeNewswire
TORONTO, March 18, 2020 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today reported on progress with share repurchases through the Company’s normal course issuer bid (“NCIB”) and declared the quarterly dividend for the first quarter of 2020. Share Repurchase Plan 10.1 million common shares repurchased: A total of 10.1 million common shares have been repurchased through the Company’s current NCIB program. The repurchases have been made through the recently announced automatic purchase program (“ASPP”) and through discretionary purchases directed by the Company under the NCIB. Based on progress to date, the Company’s is well positioned to achieve its goal of repurchasing 20 million common shares over a 12 to 24-month period. A total of approximately $350 million (C$470 million) has been used to repurchase the 10.1 million shares. Quarterly Dividend Dividend doubled to US$0.125 per share: A quarterly dividend pay
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