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South32 Announces Changes Relating to Buy-Back

14 Mar 2019  |  12:47:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Changes relating to buy-back - Appendix 3D

South32 announced that it intends to buy-back shares in the period 11 April 2017 to 10 April 2019 (inclusive) or earlier if US$760,025,866 worth of shares are bought back prior to that date. As reported, the Company reserves the right to suspend or terminate the buy-back at any time. The Company further updated that it is reducing the potential size of the on-market buyback component of its US$1B capital management program, following the resolution to pay a US 1.7cps special dividend on 4 April 2019.

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