Ecora has a strong financial position with a focus on reducing debt, growth and shareholder returns.
Our capital allocation framework consists of four pillars:
Growth
- acquire high quality royalties to further diversify and grow the portfolio
Deleveraging
- focus on post-transaction balance sheet deleveraging
Cash dividends
- distribute semi-annual cash dividends based on range of 25-35% of free cash flow
Share buybacks
- consider share buybacks in context of market price and NAV