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Rio Tinto share repurchase programme

7 Aug 2015 11:30

RNS Number : 4324V
Rio Tinto PLC
07 August 2015
 



Rio Tinto share repurchase programme

 

7 August 2015

 

As announced on 12 February 2015, Rio Tinto is currently conducting a US$2 billion share buy-back programme.

 

Any Rio Tinto plc shares that Rio Tinto buys back between 10 August 2015 and 25 September 2015 inclusive will be handled by an independent third party. This party will make its trading decisions in relation to Rio Tinto's securities independently of, and uninfluenced by, Rio Tinto. Any shares so purchased will be cancelled.

 

Any purchases of shares will be effected within certain pre-set parameters, and in accordance with both Rio Tinto's general authority to repurchase shares on-market given at its annual general meetings and Chapter 12 of the UK Listing Authority's Listing Rules, which requires that the maximum price paid be limited to no more than 5 per cent above the average market value for the shares as derived from the London Stock Exchange Daily Official List for the five business days immediately prior to such purchase.

 

The buy-back programme as handled by the independent third party may be suspended by Rio Tinto at any time, other than during a prohibited period.

 

Rio Tinto confirms that it currently has no unpublished price sensitive information.

 

 

Contacts

 

media.enquiries@riotinto.com

 

www.riotinto.com

 

Follow @RioTinto on Twitter

 

 

 

Media Relations, EMEA/Americas

Illtud Harri

T +44 20 7781 1152

M +44 7920 503 600

 

David Outhwaite

T +44 20 7781 1623

M +44 7787 597 493

 

David Luff

T + 44 20 7781 1177M + 44 7780 226 422

 

Investor Relations, EMEA/Americas

John Smelt

T +44 20 7781 1654

M +44 7879 642 675

 

David Ovington

T +44 20 7781 2051

M +44 7920 010 978

 

Grant Donald

T +44 20 7781 1262

M +44 7920 587 805

Media Relations, Australia/Asia

Ben Mitchell

T +61 3 9283 3620

M +61 419 850 212

 

Bruce Tobin

T +61 3 9283 3612

M +61 419 103 454

 

Matthew Klar

T +61 7 3625 4244

M +61 457 525 578

 

Investor Relations, Australia/Asia

Natalie Worley

T +61 3 9283 3063

M +61 409 210 462

 

Rachel Storrs

T +61 3 9283 3628

M +61 417 401 018

 

 

 

 

 

 

Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

 

T +44 20 7781 2000Registered in England

No. 719885

Rio Tinto Limited

120 Collins Street

Melbourne 3000

Australia

 

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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