April 11 (Reuters) - Australian shares are set to open flat on Tuesday, while BHP Billiton (LON:BLT) BHP.AX , saw its U.S.-listed shares rise after the miner rejected a plan by activist shareholder Elliott Advisors to scrap its dual company structure.
BHP Billiton on Monday shot down a plan by activist shareholder Elliott Advisors to scrap the miner's dual company structure,saying the costs would outweigh any benefits. local share price index futures YAPcm1 dipped 2 points to 5,899, a 13.9-point discount to the underlying S&P/ASX 200 index .AXJO close. The benchmark rose 0.9 percent to a near 2-year high on Monday.
New Zealand's benchmark S&P/NZX 50 index .NZ50 rose 1.96 points, or 0.03 percent, in early trade.
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