Merry Christmas5 Aug 2021 08:38
Against such first-half backdrop, cash generation was strong, with FFO almost doubling to $7.3 billion, and Net debt of $10.6 billion correspondingly moving to the lower end of our target range. Accordingly, and aided by the robust cashflow currently being generated within the business, I am pleased to announce additional shareholder returns, comprising a c.$0.5 billion special cash distribution ($0.04/share) for payment in September and a $650 million share buyback to be completed by the release of our full year results next year. This overall top-up lifts planned 2021 shareholder returns to c.$2.8 billion.