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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BHP Group Limited | ASX:BHP | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.12 | -0.28% | 42.28 | 42.27 | 42.28 | 42.65 | 42.25 | 42.50 | 3,109,153 | 02:56:23 |
By Rhiannon Hoyle
SYDNEY--BHP Group Ltd. (BHP.AU), the world's biggest miner by market value, said it purchased 5% of its stock in a US$5.2 billion buyback funded by the sale of its U.S. shale unit.
BHP said it bought roughly 265.8 million Australian shares at a price of 27.64 Australian dollars each (US$19.83), a 14% discount to their market value.
The miner also said it will pay shareholders a US$1.02-per-share special dividend in January.
-Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
December 16, 2018 17:36 ET (22:36 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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