Home Investors Shareholder information Capital management program Completed capital management initiatives Description Date commenced Date completed Shares repurchased Cost (local currency) Cost (US$ million) August 2004 program Off-market buy-back of BHP Billiton Limited shares 23 November 2004 180,716,428 A$2,272m US$1,780m February 2006 program Off-market buy-back of BHP Billiton Limited shares 03 April 2006 95,950,979 A$2,250m US$1,600m On-market buy-back of BHP Billiton Plc shares 27 April 2006 16 May 2006 18,820,000 £217m US$409m Total under February 2006 program 114,770,979 US$2,009m February 2011 expanded program On-market buy-back of BHP Billiton Plc shares 07 September 14 December 243,625,800 £3,012m US$6,002m Off-market buy-back of BHP Billiton Limited shares1 26 March 2007 141,098,555 A$3,501m US$2,817m Off-market buy-back of BHP Billiton Limited shares2 11 April 2011 146,899,809 A$6,000m US$6,340m Off-market buy-back of BHP Billiton Plc shares2 16 November 2010 29 June 2011 94,935,748 £2,275m US$3,677m Total under February 2011 expanded program 626,559,912 US$18,836m November 2018 program Off-market buy-back of BHP Limited shares 17 December 2018 265,839,711 A$7,348m US$5,220m On 23 August 2006, BHP Billiton announced its intention to return US$3 billion to shareholders over the next 18 months through a series of share buy-backs. On 7 February 2007, a US$10 billion extension to this program was announced. At that date, 93,435,000 shares in BHP Billiton Plc had been repurchased under the August 2006 program at a cost of US$1.7 billion, leaving US$1.3 billion to be carried forward and added to the February 2007 program. On-market purchases of BHP Billiton Plc shares continued until 14 December 2007, when the program was suspended until further notice. On 15 November 2010, BHP Billiton announced its intention to continue the company's strong track record of returning excess capital to shareholders by reactivating the remaining US$4.2 billion component of its previously suspended US$13 billion buy-back program. On 16 February 2011, BHP Billiton announced an expanded total US$10 billion capital management program (which includes the US$4.2 billion reactivated on 15 November 2010) which was completed on 29 June 2011. © BHP 2021 About What we do Investors Sustainability Careers News Suppliers Contact us Keep in touch Follow BHP to stay up to date https://www.facebook.com/BHP https://www.linkedin.com/company/bhp/ https://www.twitter.com/BHP https://www.youtube.com/BHP Privacy Policy Modern Slavery Act Statement Terms of use Some cookies are strictly necessary for the operation of our website. We also use cookies to monitor your use of our website, compile aggregate data and provide you with a good experience when you browse our website. You can choose to accept or reject cookies, or manage your specific cookie options. For more detailed information on what cookies are and how they work, please read our Cookies Policy. Manage cookies Decline All Accept Cookie Preferences