The company said it acquired all of Newcrest's common shares in an all-stock transaction completed on November 6, 2023, with total non-cash consideration of $13,549 million. It exchanged 357,691,627 shares at $37.88 per share.

1. 01

   The company said it acquired all of Newcrest's common shares in an all-stock transaction completed on November 6, 2023, with total non-cash consideration of $13,549 million. It exchanged 357,691,627 shares at $37.88 per share.

2. 02

   The company presented pro forma sales of $15,432 million and a pro forma net loss from continuing operations attributable to Newmont stockholders of $2,012 million as if the transaction had occurred on January 1, 2023. On a standalone Newmont basis, sales were $11,812 million and the net loss was $2,521 million.

3. 03

   The company said pro forma basic and diluted loss per share were each $(2.00), on a weighted-average share count of 1,158 million shares. The count consists of 800 million existing shares and 358 million shares issued in the acquisition.

4. 04

   The company said the purchase price allocation for Newcrest is preliminary and that the measurement period will not exceed 1 years from the acquisition date. It also explained that the pro forma information is for informational purposes only and does not reflect any integration costs or cost savings or synergies.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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