AGL 38.80 Decreased By ▼ -0.78 (-1.97%)
AIRLINK 129.80 Decreased By ▼ -1.42 (-1.08%)
BOP 7.15 Increased By ▲ 0.34 (4.99%)
CNERGY 4.63 Decreased By ▼ -0.08 (-1.7%)
DCL 8.42 Decreased By ▼ -0.02 (-0.24%)
DFML 40.99 Decreased By ▼ -0.48 (-1.16%)
DGKC 81.90 Decreased By ▼ -0.19 (-0.23%)
FCCL 32.75 Decreased By ▼ -0.35 (-1.06%)
FFBL 72.31 Decreased By ▼ -0.56 (-0.77%)
FFL 12.38 Increased By ▲ 0.12 (0.98%)
HUBC 109.50 Decreased By ▼ -1.24 (-1.12%)
HUMNL 14.07 Decreased By ▼ -0.44 (-3.03%)
KEL 5.08 Decreased By ▼ -0.11 (-2.12%)
KOSM 7.63 Increased By ▲ 0.02 (0.26%)
MLCF 38.40 Decreased By ▼ -0.50 (-1.29%)
NBP 69.15 Increased By ▲ 5.14 (8.03%)
OGDC 189.00 Decreased By ▼ -3.82 (-1.98%)
PAEL 25.40 Decreased By ▼ -0.28 (-1.09%)
PIBTL 7.44 Increased By ▲ 0.10 (1.36%)
PPL 150.02 Decreased By ▼ -4.05 (-2.63%)
PRL 25.40 Decreased By ▼ -0.43 (-1.66%)
PTC 17.29 Decreased By ▼ -0.52 (-2.92%)
SEARL 81.05 Decreased By ▼ -1.25 (-1.52%)
TELE 7.56 Decreased By ▼ -0.20 (-2.58%)
TOMCL 33.00 Decreased By ▼ -0.46 (-1.37%)
TPLP 8.30 Decreased By ▼ -0.19 (-2.24%)
TREET 16.97 Increased By ▲ 0.35 (2.11%)
TRG 57.65 Increased By ▲ 0.25 (0.44%)
UNITY 28.00 Increased By ▲ 0.49 (1.78%)
WTL 1.34 Decreased By ▼ -0.03 (-2.19%)
BR100 10,545 Increased By 40.3 (0.38%)
BR30 30,991 Decreased By -235.4 (-0.75%)
KSE100 98,418 Increased By 338.2 (0.34%)
KSE30 30,675 Increased By 116.8 (0.38%)

Rio Tinto Plc, the world's second-biggest miner, said on Friday it would give back to investors $3 billion in cash, adding to a $4 billion programme announced early this year, after a boom in metal prices.
The cash-rich firm's latest plan will take the form of share buybacks between now and the end of 2007, and analysts said more payouts were likely. "With our balance sheet very strong, we are in a position further to invest heavily in growth and return capital to shareholders," Chief Executive Leigh Clifford told an investor seminar.
"Overall, we believe the outlook remains positive with the world GDP growth in excess of 4 percent. This is likely to be reflected in continuing good demand for most minerals and metals."

Copyright Reuters, 2006

Comments

Comments are closed.