Mining News

Sibanye buys back about 3% of shares in issue

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Precious metals miner Sibanye-Stillwater has, in a series of unrelated transactions, cumulatively bought back about 90.2-million ordinary shares, or about 3% of its shares in issue, in accordance with the general authority granted by shareholders at the company’s annual general meeting held on May 25. This follows an announcement on June 1 regarding the implementation of an on-market buyback up to, but not exceeding, 5% of its ordinary shares in issue.

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