Original article by James Thomson
The Australian Financial Review – Page: 20 : 4-Aug-17

Rio Tinto shareholders will receive a full-year dividend of $US2.60 per share for calendar 2017, after the interim dividend was increased from $US0.45 to $US1.10 per share. The resources giant will also repurchase up to $US1bn worth of its London-listed shares, and Paul Young of Deutsche Bank says it has the capacity to undertake about $US2bn worth of buybacks annually from 2018. Meanwhile, CEO Jean-Sebastien Jacques says Rio Tinto will only consider acquisitions that add value for shareholders.

CORPORATES
RIO TINTO LIMITED – ASX RIO, DEUTSCHE BANK AG, UBS HOLDINGS PTY LTD, MACQUARIE GROUP LIMITED – ASX MQG, COAL AND ALLIED INDUSTRIES LIMITED, YANCOAL AUSTRALIA LIMITED – ASX YAL, IRON ORE COMPANY OF CANADA