Boral, Australia's largest manufacturer of building products, has announced it will be buying back approximately $236m worth of its own shares.
The on-market share buy-back program will buy back up to 5% of the company’s issued capital or approximately 39 million ordinary shares over the next 12 months. The buy-back follows a number of successful transactions in the past 12 months for Boral, which have reduced the building products Group’s net debt and positioned the company…
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