Due to "personal portfolio considerations", Barrick Gold's chair, John Thornton, sold 2.6 million shares.
Barrick is currently trading at $18.61 on the NYSE, putting the total sale's value at over $48 million.
"Barrick Gold Corporation (NYSE:GOLD) said today that, due to personal portfolio considerations, executive chairman John Thornton had sold 2,632,153 shares in the company during the permitted open period following the publication of its 2019 year-end results. Mr Thornton sold Barrick shares that he purchased using his personal funds which were not subject to holding restrictions. The sales have been reported in the applicable securities filing," said Barrick in a statement.


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