Seeking Alpha

Rio Tinto (RIO): H1 underlying profit of $7.8B (+35% Y/Y), slightly below $8.03B consensus. Rio...

Rio Tinto (RIO): H1 underlying profit of $7.8B (+35% Y/Y), slightly below $8.03B consensus. Rio tries to make it up to investors with a $2B expansion of its existing $5B share buyback program. Interim dividend raised to $0.54/share from $0.45/share a year ago. Shares -3.9%. (PR)
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