FY22 Overview & Safety Program Update
OUR SHAREHOLDER RETURNS
Our flexible capital management
program has been active since FY17
US$0.5B returned in special dividends (a)
and US$1.5B via our on-market share
buy-back, reducing shares on issue by 13%
Cumulative EPS 30 (LHS) and South32 share price (RHS)
(US cents per share from 31 December 2016, LHS; A$/share, RHS)
140
Program expanded by a further
US$156M to US$2.3B, leaving
US$250M to be returned
120
100
80
60
40
20
H2 FY17
H1 FY18
EPS
H2 FY18
H1 FY19
H2 FY19
EPS (without share buy-back)
H1 FY20
H2 FY20 H1 FY21
South32 share price
H2 FY21
H1 FY22
Average buy-back price
H2 FY22
Returns to shareholders (US$M)
211
334
III
SOUTH32
5.50
5.00
4.50
4.00
Average buy-back price.
3.50
A$2.93 per share
3.00
A 9% discount to the
volume weighted
average price on our
2.50
trading days
2.00
1.50
93
161
167
114
192
77
112
234
60
68
Share buy-back
378
317
344
140
108
48
67
257
405
787
Dividends (b)
Notes:
a.
Including fully franked special dividend of US$139M resolved to be paid in respect of H2 FY22.
b. Ordinary and special dividends resolved to be paid in respect of the period.
SLIDE 18View entire presentation