8th Dec 2006 17:51
Rio Tinto PLC08 December 2006 Rio Tinto share repurchase programme Rio Tinto plc ("Rio Tinto") announces that it has commenced a programme to buyback shares during the period which commences on 11 December 2006 and ends onthe announcement of Rio Tinto's results on 1 February 2007. The shares will beheld in treasury. The buy back programme will be managed by an independent thirdparty, which makes its trading decisions in relation to Rio Tinto's securitiesindependently of, and uninfluenced by, Rio Tinto. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both Rio Tinto's general authority to repurchase shares andChapter 12 of the Listing Rules which requires that the maximum price paid belimited to no more than 5 per cent above the average market value for the sharesas derived from the London Stock Exchange Daily Official List for the fivebusiness days immediately prior to such purchase. Rio Tinto confirms that it currently has no unpublished price sensitiveinformation. For further information, please contact: LONDON AUSTRALIA Media Relations Media Relations Nick Cobban Ian HeadOffice: +44 (0) 20 7753 2305 Office: +61 (0) 3 9283 3620Mobile: +44 (0) 7920 041 003 Mobile: +61 (0) 408 360 101Investor Relations Investor Relations Nigel Jones Dave SkinnerOffice: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309 David Ovington Susie CreswellOffice: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639Mobile: +44 (0) 7920 010 978 Mobile: +61 (0) 418 933 792 Website: www.riotinto.comHigh resolution photographs available at: http://www.newscast.co.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Rio Tinto