4th Jan 2008 18:04
Kazakhmys PLC04 January 2008 Kazakhmys PLC4 January 2008 Transaction in Own Shares Kazakhmys PLC (the "Company") announces that it has commenced anon-discretionary programme to purchase ordinary shares for cancellation duringits close period which commences on 6 January 2008 and is expected to end on thedate of the announcement of its preliminary results. The buy back programme will be managed by an independent third party, whichmakes its trading decisions independently of, and uninfluenced by, the Company. Any acquisitions will be effected within certain pre-set parameters, and inaccordance with both the Company'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. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
KAZ.L