The Live Wire
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Alex Forrest | Foreign Secretary Hague also says re Houla: We will be calling for an urgent ses...
16:30Alex Forrest
TWITTER
Foreign Secretary Hague also says re Houla: We will be calling for an urgent session of the UN Security Council in the coming days.
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Lord Sugar | Trivia: More people now follow me on Twitter than buy The Times, Independent, Gu...
16:04Lord Sugar
TWITTER
Trivia: More people now follow me on Twitter than buy The Times, Independent, Guardian, Daily Telegraph and Financial Times combined
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James Forsyth | A shift in the government's thinking about the Eurocrisis
15:34Spectator
BLOG
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Owen Jones | The austerity consensus has collapsed
15:08LabourList
BLOG
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Humza Yousaf | Scottish independence would help Labour rediscover its soul
14:46Comment is Free
OPINION
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Press Release
Rio Tinto share repurchase programme
19 December 2005
Rio Tinto plc (“Rio Tinto”) announces that it has commenced a programme to buy back shares during the period which commences on 20 December 2005 and ends on the announcement of Rio Tinto’s results on 2 February 2006. The shares will be held in treasury. The buy back programme will be managed by an independent third party, which makes its trading decisions in relation to Rio Tinto’s securities independently of, and uninfluenced by, Rio Tinto.
Any acquisitions will be effected within certain pre-set parameters, and in accordance with both Rio Tinto’s general authority to repurchase shares and Chapter 12 of the 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.
Rio Tinto confirms that it currently has no unpublished price sensitive information.
Press releases, papers and documents published on this page are the intellectual property of an organisation unrelated to Central Lobby. We promote their parliamentary and political campaigning activities as they are subscribers to the Central Lobby service.
As such, Central Lobby does not edit, endorse, or attempt to balance the opinions expressed on this page. The content of press releases and other such types of content are the responsibility of the originating organisation.


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