BHP closes buyback early

Company News


BHP Billiton Ltd (ASX:BHP) has completed its planned $US10 billion share buyback program earlier than planned, in fact, six months earlier than scheduled.

BHP announced to the market that the number of shares bought since the resumption of the capital management program on November 15 last year is 146.9 million shares in BHP Billiton and 94.9 million shares in BHP Billiton Plc.

All shares purchased are cancelled on settlement.

BHP reported a net profit of $10.5 billion in the second half of last year.


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