Share buy-back

Share buy-back

+ 2017 share buy-back

Rio Tinto plc

Rio Tinto has commenced its on-market share buy-back programme effective from 1 March 2017 to repurchase Rio Tinto plc’s ordinary shares for a maximum aggregate consideration of US$500 million, ending not later than 31 December 2017. A further on-market share buy-back programme commenced effective from 2 August 2017 to repurchase Rio Tinto plc’s ordinary shares for a maximum aggregate consideration of US$1.0 billion, ending not later than 31 December 2017.

Download 2017 share buy-back running total

+ 2015 share buy-back

Rio Tinto plc

In 2015, Rio Tinto completed $2.0 billion of share buy-backs, comprising $0.4 billion off-market in Rio Tinto Limited and $1.6 billion on-market in Rio Tinto plc.

Further details of the Rio Tinto plc on-market buy-back completed on 18 December 2015 can be accessed via the link below.

Download 2015 share buy-back total

Rio Tinto Limited

Rio Tinto announced on 7 April 2015 the successful completion of its off-market buy-back tender of shares in Rio Tinto Limited, which was increased to A$560 million from the indicative A$500 million announced due to strong demand.

Under the off-market buy-back, Rio Tinto Limited bought back around 11.6 million shares at the buy-back price of A$48.44 per share, for an aggregate cost of approximately A$560 million (US$425 million).