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BHPBill -- notice of exchange rate
In announcements to the market of the final dividend on 26 May 2009 and 9 June 2009 we noted a change to the currency conversion date from two days prior to the dividend declaration date to the last date to trade on JSE Ltd (28 August 2009) for dividends being paid in South African rand and to the record date (4 September 2009) for all other currencies. The currency exchange rate applicable to the USD41c dividend to shareholders on the BHPBill branch register is R7.764100, giving an equivalent amount of 318.328100c.
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BHP Billition -- copper likely to recover first
It was not easy to forecast the outlook for metals over the next six months but those that would recover fastest typically had idle capacity and low warehouse stocks, such as copper, BHP Billiton CEO Marius Kloppers said last week. Commodities such as aluminium that had idle capacity and high stock holdings would be slower to recover, he said.
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BHPBill -- changes to the board
The BHP Billiton board today announced that Jac Nasser will succeed Don Argus as chairman when Mr Argus retires as chairman and a non-executive director in early 2010. Jac Nasser joined the BHP Billiton board as a non-executive director in 2006 and is a member of the board's risk and audit committee. He has extensive international business experience gained during his 33 years with the Ford Motor company where he was president and CEO. Jac Nasser is also a partner of One Equity Partners, the private equity arm of JP Morgan, a director of British Sky Broadcasting plc and sits on the international advisory board of Allianz A.G.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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