Rio Tinto Limited
(ASX:RIO) has completed its $560 million off-market share buy-back, boosted from $500 million after strong demand.
The global mining company announced the back-back in February as part of its proposed $US2 billion capital return programme.
Rio Tinto Limited bought back about 11.6 million shares representing about 2.65 per cent of its issued capital.
Shares were sold at $48.44 per share, a 14 per cent discount to the market price.
Rio Tinto reported a net profit of $7.92 billion in the 2014 calendar year.
