BHP is handing back the last of the $US5.2 billion from the sale of its onshore US assets through a special dividend.
The mining giant has already completed US$5.2 billion share buyback and will now hand over the same amount again through a $US1.02 per share special dividend to be paid on January 11.
Chief financial officer Peter Beaven said the company will have handed over more than $US21 billion over two years.
‘We are pleased to have completed the off-market buyback which, together with the special dividend, will deliver on our commitment to return the net proceeds from the sale of our onshore US assets to our shareholders,’ Mr Beaven said in a statement on Monday.
BHP announced in July that it was selling its US shale assets to British petroleum giant BP and US group Merit Energy in a $US10.8 billion deal.
At 1045 AEDT, BHP’s ASX-listed shares were 54 cents, or 1.67 per cent, higher at $32.94.