RIO 0.64% $125.31 rio tinto limited

Ann: Rio Tinto Limited share buy-back - Appendix 3C, page-16

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    Australian shares only. We all get the offer, up to you to take it up or not.

    If you don’t take it up (depends on circumstances whether it’s worth it), you get the added bonus of an increased EPS and DPS going forward.

    The other buyback on market is on the UK listing shares and rightly so, as RIO’s tax structure is crap! Wasted franking credits to UK.
 
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