News Room
06 July, 2006
Incitec Pivot's shareholders support buy-back
Incitec Pivot Limited shareholders today voted to approve the buy-back of Orica's remaining 13.5 per cent shareholding in the fertiliser company at $21 per share. The transaction, which will be fully debt funded, will cost Incitec Pivot $165 million and will reduce the number of shares on issue from 58.3 million to 50.4 million.
Media Statement.
- View all news Articles -