30 December 2011
Rio Tinto plc
Rio Tinto share repurchase programme
Under its previously announced share buy back programme, any Rio Tinto plc shares that Rio Tinto buys back between 1 January 2012 and the publication of Rio Tinto's announcement of full year results for 2011 on 9 February 2012 will be handled by an independent third party. This party will make its trading decisions in relation to Rio Tinto's securities independently of, and uninfluenced by, Rio Tinto. The shares will be cancelled.
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Rio Tinto confirms that it currently has no unpublished price sensitive information.
Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.
Cont…/
For further information, please contact:
Media Relations, EMEA / Americas Illtud Harri Office: +44 (0) 20 7781 1152 Mobile: +44 (0)7920 503 600 Tony Shaffer Office: +44 (0) 20 7781 1138 Mobile: +44 (0) 7920 041 003 Christina Mills Office: +44 (0) 20 7781 1154 Mobile: +44 (0) 7825 275 605 |
Investor Relations, London Mark Shannon Office: +44 (0) 20 7781 1178 Mobile: +44 (0) 7917 576597 David Ovington Office: +44 (0) 20 7781 2051 Mobile: +44 (0) 7920 010 978
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Media Relations, Australia / Asia David Luff Karen Halbert Office: +61 (0) 3 9283 3627 Mobile: +61 (0) 412 119 389 Bruce Tobin Office: +61 (0) 3 9283 3612 Mobile: +61 (0) 419 103 454 |
Investor Relations, Australia Dave Skinner Office: +61 (0) 3 9283 3628 Mobile: +61 (0) 408 335 309 Christopher Maitland Office: +61 (0) 3 9283 3063 Mobile: +61 (0) 459 800 131 |
Media Relations, Canada Bryan Tucker Office: +1 (0) 514 848 8151 Mobile: +1 (0) 514 825 8319 |
Investor Relations, North America Jason Combes Office: +1 (0) 801 204 2919 Mobile: +1 (0) 801 558 2645 |
Website: |
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Email: |
media.enquiries@riotinto.com enquiries.mediaaustralia@riotinto.com |
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Follow @riotinto on Twitter |
High resolution photographs and media pack available at: www.riotinto.com/media