Sept 20 (Reuters) - Rio Tinto Plc RIO.L :
- RIO TINTO TODAY UNVEILS DETAILS OF HOW IT INTENDS TO RETURN APPROXIMATELY $3.2 BILLION OF POST-TAX COAL DISPOSAL PROCEEDS TO ITS SHAREHOLDERS.
- PROCEEDS WILL BE RETURNED THROUGH A $3.2 BILLION SHARE BUY-BACK PROGRAMME, COMBINING AN OFF-MARKET BUY-BACK TENDER TARGETING UP TO 41.2 MILLION RIO TINTO LIMITED SHARES
- RIO TINTO CHIEF EXECUTIVE J-S JACQUES SAID "RETURNING $3.2 BILLION OF COAL DISPOSAL PROCEEDS DEMONSTRATES OUR COMMITMENT TO CAPITAL DISCIPLINE AND PROVIDING SECTOR LEADING SHAREHOLDER RETURNS.
- RIO TINTO LIMITED WILL TARGET COMPLETION OF OFF-MARKET PURCHASE OF UP TO 41.2 MILLION OF ITS SHARES IN 2018
- AGGREGATE MAXIMUM CONSIDERATION AND TIMING OF NEW ON-MARKET PURCHASES BY RIO TINTO PLC UNDER PROGRAMME WILL BE ANNOUNCED FOLLOWING COMPLETION OF OFF-MARKET BUY-BACK TENDER FOR RIO TINTO LIMITED SHARES, WHICH IS EXPECTED TO BE ON 12 NOVEMBER 2018
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Last
$115.31 |
Change
-0.130(0.11%) |
Mkt cap ! $42.74B | |||
| Open | High | Low | Value | Volume |
| $115.39 | $116.15 | $114.86 | $80.61M | 698.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1934 | $115.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $115.31 | 1495 | 2 |
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