04 January 2008
4 January 2008
Transaction in Own Shares
Kazakhmys PLC (the "Company") announces that it has commenced a
non-discretionary programme to purchase ordinary shares for cancellation during
its close period which commences on 6 January 2008 and is expected to end on the
date of the announcement of its preliminary results.
The buy back programme will be managed by an independent third party, which
makes its trading decisions independently of, and uninfluenced by, the Company.
Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both the Company's general authority to repurchase shares and
Chapter 12 of the Listing Rules which requires that the maximum price paid be
limited to no more than 5 per cent above the average market value for the shares
as derived from the London Stock Exchange Daily Official List for the five
business days immediately prior to such purchase.
This information is provided by RNS
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