Rohstoff-Gigant Rio Tinto erhöht Dividende und kauft Aktien zurück

Branchenführer Rio Tinto (ASE:RIO) unterstreicht seine Ambitionen, den Shareholder Value zu erhöhen anstatt teurer Investitionen in neue Rohstoff-Projekte..

Rio Tinto's $2B buyback signals shift in strategy 

Carl Surran, SA News Editor

• Rio Tinto (NYSE:RIO) +3.3% premarket and leads the FTSE 100 after saying it will buy back $2B (£1.31B) of its shares this year, as it reported a strong increase in full-year net profit despite lower revenue due to weak iron ore prices.
• The buyback marks a strategy shift among the world's largest mining companies away from investing heavily in new mines - some of which have turned sour amid tumbling commodity markets - and toward a focus on higher shareholder returns.
• Rio's FY 2014 net earnings jumped to $6.5B from $3.67B a year ago, although the result fell short of the $8.38B consensus analyst expectations; a year ago, results were knocked back by multibillion-dollar writedowns against assets such as the Oyu Tolgoi copper project in Mongolia.
• FY 2014 revenues fell 7% Y/Y to $47.7B; despite increasing shipments by 18% last year, revenue from iron ore sales fell 10%.
• Rio also says it cut net debt sharply to $12.5B from $18.1B a year ago.
• Rio's full-year dividend will total $2.15/share, up from $1.92 a year earlier.

Quelle: bigcharts.com