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MELBOURNE - Mining company South32 Limited (ASX:S32) has notified markets of its latest share buy-back activity, according to a press release issued Friday.
The company, which produces minerals and metals across operations in the Americas, Australia and Southern Africa, submitted its Appendix 3C - Notification of buy-back update to the Australian Securities Exchange. The notification was also voluntarily disclosed to the Johannesburg Stock Exchange and London Stock Exchange.
South32 confirmed that the notification has been submitted to the National Storage Mechanism and will be available for inspection at the UK Financial Conduct Authority’s data portal.
The company did not disclose specific details about the number of shares repurchased or prices paid in the announcement.
South32 describes itself as focused on developing natural resources that support the global energy transition. The company is also involved in discovering and developing new mining operations.
The announcement was made as part of South32’s ongoing share buy-back program, with The Standard Bank of South Africa Limited serving as the company’s JSE sponsor.
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