South32 announces share buy-back on multiple exchanges

SYDNEY - South32 (OTC:SOUHY) Limited, the Australia-based global mining and metals company, has announced an update to its share buy-back program across several exchanges. The notification, released on April 16, 2025, detailed the submission of the Appendix 3C - Notification of buy-back to the Australian Securities Exchange (ASX) and its voluntary disclosure on the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LON:LSEG) (LSE).

The document, which outlines the daily updates to the company’s share buy-back initiative, has also been submitted to the National Storage Mechanism and is available for public inspection. The move is part of South32’s ongoing efforts to manage its capital effectively and provide returns to its shareholders.

South32 has a diverse portfolio in mining and metal production, including bauxite, alumina, aluminium, and copper, among other commodities. The company emphasizes its commitment to sustainable practices and the development of resources to support a low-carbon future.

The buy-back program reflects the company’s confidence in its financial position and the long-term value proposition it believes it offers to shareholders. South32’s strategy includes reshaping its portfolio towards commodities that are critical for a low-carbon future, aligning with global trends in energy consumption and environmental responsibility.

The company’s share code is listed as S32 on the ASX, LSE, and JSE, with an American Depositary Receipt (ADR) trading under the ticker SOUHY. The details of the buy-back have been made available in line with regulatory requirements and South32’s commitment to transparency in its financial dealings.

This announcement is based on a press release statement by South32 Limited and is intended to inform stakeholders and the broader market of the company’s latest financial activity. As the company continues to navigate the commodities market, investors watch closely for the impact of such strategic financial maneuvers on South32’s stock performance.

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