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BRIEF-Rio Tinto updates on share buy-back programme

Published 15/05/2017, 08:40 am
© Reuters.  BRIEF-Rio Tinto updates on share buy-back programme
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May 15 (Reuters) - Rio Tinto (LON:RIO) Ltd RIO.AX :

* On 1 March entered into separate non-discretionary irrevocable instructions to repurchase of shares of up to £160 million

* "Rio Tinto has today increased aggregate maximum consideration under these instructions to $300 million for period from 1 March 2017 to 28 July 2017"

* Aggregate maximum consideration payable by company in respect of repurchase of shares under programme up to 31 December 2017 is $500 million Source text for Eikon: Further company coverage: RIO.AX

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