25 October 2007
TRANSACTION IN OWN SHARES
Kazakhmys PLC announces that on 24 October 2007 it purchased for cancellation
from JPMorgan Cazenove Limited 170,000 ordinary shares at an average price of
1418.9969 pence per share. Following the cancellation of these shares, Kazakhmys
PLC has a total of 469,863,865 ordinary shares in issue.
Kazakhmys is pleased to announce that we have commenced our share repurchase
programme. This purchase was made pursuant to the authority that was granted by
shareholders at the Annual General Meeting held on 9 May 2007 and as announced
in the Interim Results announcement on 4 September 2007. We believe that
subsequent to the return of capital to shareholders, we will retain sufficient
balance sheet strength to implement our strategy and to take up other
opportunities as they arise. Further purchases may be made from time to time
subject to market conditions.
This information is provided by RNS
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