# Kinross Raises Shareholder Return Target as Quarterly Cash Flow Falls

The gold miner reported $583.2 million in earnings and increased its 2026 capital-return commitment.

By Will Langan | 24X7 News
Published: 2026-10-29T00:00:50.251Z
Updated: 2026-10-29T00:00:50.251Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/kinross-third-quarter-results-shareholder-returns-october-28-2026

Kinross Gold announced October 28 that it increased its 2026 shareholder-return commitment from 40% to 50% of free cash flow, alongside quarterly results showing lower cash generation.

Operating cash flow was $714.4 million for the three months ended September 30, down from $1.024 billion a year earlier. Attributable free cash flow declined to $281.3 million from $686.7 million. The company attributed the decline in its free-cash-flow measures to sales timing and increased capital spending.

Reported net earnings were $583.2 million, or 49 cents a share, compared with $584.9 million, or 48 cents, a year earlier. Adjusted earnings rose to $591.3 million from $529.6 million. Adjusted earnings and free cash flow are supplemental measures distinct from standard accounting profit.

Kinross said it repurchased $710 million of shares during the first nine months and another $100 million during October. Including dividends, shareholder returns exceeded $950 million through October 28.

The company held $2.6 billion in cash and cash equivalents at September 30. All figures are in U.S. dollars.

Sources
Kinross Gold third-quarter financial results, October 28, 2026.

## Sources
- Kinross Gold: Third-Quarter Results: https://www.kinross.com/English/news-and-investors/news-releases/press-release-details/2026/Kinross-reports-2026-third-quarter-results/default.aspx