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Macquarie: BHP Billiton intends to hand out big red envelopes to investors

iconDec 11, 2018 10:59
Source:SMM

SMM12, March 11: Macquarie Wealth Management (Macquarie Wealth Management) analysts wrote in a report that BHP Billiton Group (BHP Group) has begun returning about $10.4 billion from the sale of US shale assets and is likely to complete its over-the-counter buyback next week. Settle a special dividend of $5.2 billion. Macquarie (Macquarie) said BHP could return $3 billion in cash to shareholders in fiscal 2019 if the debt is not repaid further, boosting performance

Over the next three years, Ebitda will account for about 20 per cent, and then fall to 15 per cent to 20 per cent. BHP Billiton's successful discovery of offshore oil and gas exploration and drilling in Wilding and Samurai near the Shenzi project and the discovery of large amounts of natural gas in Trinidad and Tobago are contrary to the company's medium-term forecasts. BHP also said last month that it would announce details of the buyback price and any special dividend on December 17.

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BHP Billiton
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