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BHP eyes second share buyback

The Australian | July 3, 2011 | 3:20 pm Base Metals Energy Top Companies Australia Coal Copper Iron Ore Uranium

BHP Billiton could be set to announce another share buyback, after the successful completion of its $US10 billion ($9.3bn) capital management program.

UBS analyst Glyn Lawcock said a renewed capital management plan from the diversified miner was imminent and he was expecting BHP to announce another buyback at its half-year results on August 24.