Barrick executive chairperson John Thornton has halved his shareholding in the Toronto- and New York-listed gold major, owing to “personal portfolio considerations”.
The company on Wednesday confirmed that Thornton had sold 2 632 153 shares in the company during the permitted open period following the publication of its 2019 year-end results.
Thornton sold Barrick shares that he purchased using his personal funds which were not subject to holding restrictions.