ÌÇÐÄvlogÈë¿Ú

Aerial photo of dirt road leading from Pic de Fon to Beyla Camp, Simandou, Guinea

Share buy-backs

  • 2019 share buy-back programme
  • 2018 share buy-back programme
  • 2017 share buy-back programme
  • 2015 share buy-back

2019 share buy-back programme

On 20 September 2018, . We returned $2.1 billion through a ÌÇÐÄvlogÈë¿ÚLimited off-market buy-back in November 2018 and the remaining $1.1 billion through an on-market ÌÇÐÄvlogÈë¿Úplc share buy-back, which commenced on 28 February 2020 and was completed by 29 February 2020.

ÌÇÐÄvlogÈë¿Úplc

Following the completion of the off-market buy-back of ÌÇÐÄvlogÈë¿ÚLimited shares, the aggregate maximum consideration available for the on-market ÌÇÐÄvlogÈë¿Úplc share buy-back portion of the $3.2 billion coal disposal share buy-back programme was US$1,119 million. This part of the programme ran from 28 February 2019 through to 28 February 2020.

2018 share buy-back programme

During 2018, we purchased $5.4 billion of shares through a combination of on-market purchases of ÌÇÐÄvlogÈë¿Úplc shares and an off-market buy-back of ÌÇÐÄvlogÈë¿ÚLimited shares.

The on-market purchases of $3.3 billion ÌÇÐÄvlogÈë¿Úplc shares comprised the return of $1.904 billion of the Coal & Allied proceeds announced on 21 September 2017 (relating to attributed to the ÌÇÐÄvlogÈë¿Úplc on-market share buy-back), the and $0.4 billion of the . The remaining purchases under this programme were completed by 27 February 2019.

In addition, we returned $2.1 billion through a ÌÇÐÄvlogÈë¿ÚLimited off-market buy-back as part of announced in September 2018. The remaining $1.1 billion of post-tax coal disposal proceeds were returned through an on-market ÌÇÐÄvlogÈë¿Úplc share buy-back which commenced on 28 February 2019 and was completed by 28 February 2020. Please refer to the 2019 share buy-back programme.

ÌÇÐÄvlogÈë¿Úplc

On 20 September 2018, .

Following the completion of the off-market buy-back of ÌÇÐÄvlogÈë¿ÚLimited shares (see below), the aggregate maximum consideration now available for the on-market ÌÇÐÄvlogÈë¿Úplc share buy-back portion of the additional $3.2 billion share buy-back programme was US$1,119 million. This part of the programme was from 28 February 2019 and was completed by 28 February 2020. Please refer to 2019 share buy-back programme.

This is in addition to the ongoing ÌÇÐÄvlogÈë¿Úplc buy-back programmes detailed below.

On 1 August 2018, to repurchase ÌÇÐÄvlogÈë¿Úplc's ordinary shares for a maximum aggregate consideration of US$1 billion, which was completed by 27 February 2019.

 

On 7 February 2018, to repurchase ÌÇÐÄvlogÈë¿Úplc's ordinary shares for a maximum aggregate consideration of US$1 billion, which was completed by 31 December 2018.

 

On 21 September 2017, w for a maximum aggregate consideration of US$1.925 billion, which was completed by 31 December 2018. This formed part of the $2.5 billion share buy-back programme, returning the proceeds from the sale of Coal & Allied. Please refer to 2017 share buy-back programme.

ÌÇÐÄvlogÈë¿ÚLimited

We have , with the purchase of 41,198,134 million shares, at an aggregated cost of A$2,871 million (US$2,081 million). The Buy-Back Price was A$69.69 per share which represented a discount to the Market Price of 14 per cent. 

Important notice

This announcement, and any other documents related to the Buy-Back, are not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia) or Canada.

2017 share buy-back programme

We have committed an , returning the proceeds of the sale of Coal & Allied to our shareholders.

This is in addition to the US$500 million and US$1 billion on-market share buy-back programmes of ÌÇÐÄvlogÈë¿Úplc shares that were announced this year on 8 February and 2 August. It brings the total share buy-backs announced during 2017 to US$4 billion.

ÌÇÐÄvlogÈë¿Úplc

We commenced our on-market share buy-back programme effective from 1 March 2017 to repurchase ÌÇÐÄvlogÈë¿Úplc's ordinary shares for a maximum aggregate consideration of US$500 million, which was completed by 31 December 2017. A further on-market share buy-back programme commenced effective from 2 August 2017 to repurchase ÌÇÐÄvlogÈë¿Úplc’s ordinary shares for a maximum aggregate consideration of US$1.0 billion, which was completed by 31 December 2017.

We have committed an additional $2.5 billion to our ongoing share buy-back programme, returning the proceeds of the sale of Coal & Allied to our shareholders.

Following the completion of the off-market buy-back of ÌÇÐÄvlogÈë¿ÚLimited shares (see below), the aggregate maximum consideration available for the on-market ÌÇÐÄvlogÈë¿Úplc share buy-back portion of the additional $2.5 billion share buy-back programme was US$1,925 million. This part of the programme commenced on 27 December 2017 and was completed by 31 December 2018.

ÌÇÐÄvlogÈë¿ÚLimited

We  which was increased to A$750 million from the indicative A$700 million announced due to strong demand. The Buy-Back Price was A$63.67 per share which represented a discount of 14 per cent to the Market Price.

ÌÇÐÄvlogÈë¿ÚLimited bought back approximately 11.8 million shares, at an aggregate cost of A$750 million (US$575 million). 

Important notice

This announcement, and any other documents related to the Buy-Back, are not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia) or Canada.

2015 share buy-back

ÌÇÐÄvlogÈë¿Úplc

In 2015, ÌÇÐÄvlogÈë¿Úcompleted $2.0 billion of share buy-backs, comprising $0.4 billion off-market in ÌÇÐÄvlogÈë¿ÚLimited and $1.6 billion on-market in ÌÇÐÄvlogÈë¿Úplc.

Further details of the ÌÇÐÄvlogÈë¿Úplc on-market buy-back completed on 18 December 2015 can be accessed via the link below.

ÌÇÐÄvlogÈë¿ÚLimited

ÌÇÐÄvlogÈë¿Úannounced on 7 April 2015 the successful completion of its off-market buy-back tender of shares in ÌÇÐÄvlogÈë¿ÚLimited, which was increased to A$560 million from the indicative A$500 million announced due to strong demand.

Under the off-market buy-back, ÌÇÐÄvlogÈë¿ÚLimited bought back around 11.6 million shares at the buy-back price of A$48.44 per share, for an aggregate cost of approximately A$560 million (US$425 million).