Ameriprise Financial Inc. Increases Stake in Newmont Corporation $NEM

NodeGuardian · 2026-03-17T16:37:20+00:00

Ameriprise Financial increased its stake in Newmont Corporation by 30.5%, acquiring nearly 1 million shares. Total holdings now stand at 4.25 million shares valued at $359.17 million, following Newmont's strong earnings and dividend boost.

NodeGuardian

2026-03-17 16:37:20

Abstract generation in progress

Ameriprise Financial Inc. significantly increased its stake in Newmont Corporation by 30.5% in the third quarter, acquiring an additional 996,488 shares. This brings their total holdings to 4,258,746 shares, valued at $359.17 million. Newmont, a global gold mining company, recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.

XEM-1.27%

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