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BHP GROUP PLC - Market Price for off-market buy-back

Release Date: 14/12/2018 08:45
Code(s): BHP     PDF:  
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Market Price for off-market buy-back

BHP Group Plc
Registration number 3196209
Registered in England and Wales
Share code: BHP
ISIN: GB00BH0P3Z91




NEWS RELEASE
Release Time              IMMEDIATE
Date                      14 December 2018
Release Number            28/18



Market Price for off-market buy-back of BHP Group Limited shares

The Market Price(1) for BHP's off-market tender buy-back of BHP Group Limited
(formerly BHP Billiton Limited) shares (Off-Market Buy-Back) is A$32.1387. On this
basis, the tender discounts are equivalent to the following tender prices (rounded to
the nearest cent):

                           Tender discount                      Tender price
                           14%                                  A$27.64
                           13%                                  A$27.96
                           12%                                  A$28.28
                           11%                                  A$28.60
                           10%                                  A$28.92

BHP Group Limited expects to announce the results of the Off-Market Buy-Back,
including the Buy-Back Price(2) and any scale back, on Monday 17 December 2018.

(1)   Volume weighted average price of BHP Group Limited ordinary shares on the Australian Securities Exchange over the
      five trading days up to and including Friday 14 December 2018, calculated to four decimal places.
(2)   The price at which BHP Group Limited will buy back shares from tenders it accepts in the Off-Market Buy-Back, rounded
      to the nearest cent. This price is determined by applying the discount to be selected by BHP Group Limited, being the
      largest tender discount which enables BHP Group Limited to buy back the number of shares that it determines to buy
      back, to the Market Price (as defined above). 




Further information on BHP can be found at bhp.com

UBS South Africa (Pty) Limited


Media Relations                                   Investor Relations

Email: media.relations@bhpbilliton.com            Email: investor.relations@bhpbilliton.com


Australia and Asia                                Australia and Asia

Gabrielle Notley                                  Tara Dines
Tel: +61 3 9609 3830 Mobile: +61 4 1107 1715      Tel: +61 3 9609 2222 Mobile: +61 499 249 005

United Kingdom and South Africa                   United Kingdom and South Africa

Neil Burrows                                      Elisa Morniroli
Tel: +44 20 7802 7484 Mobile: +44 7786 661 683    Tel: +44 20 7802 7611 Mobile: +44 7825 926 646

North America                                     Americas

Judy Dane                                         James Wear
Tel: +1 713 961 8283 Mobile: +1 713 299 5342      Tel: +1 713 993 3737 Mobile: +1 347 882 3011


BHP Group Limited ABN 49 004 028 077              BHP Group Plc Registration number 3196209
LEI WZE1WSENV6JSZFK0JC28                          LEI 549300C116EOWV835768
Registered in Australia                           Registered in England and Wales
Registered Office: Level 18, 171 Collins Street   Registered Office: Nova South, 160 Victoria Street
Melbourne Victoria 3000 Australia                 London SW1E 5LB United Kingdom
Tel +61 1300 55 4757 Fax +61 3 9609 3015          Tel +44 20 7802 4000 Fax +44 20 7802 4111




Members of the BHP Group which is
headquartered in Australia
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