Brief: Incitec Pivot Ltd Says Ipl Ceases Negotiations For Sale Of Fertilisers Business

Dyno Nobel

10/07/2024 02:26

July 10 (Reuters) - Incitec Pivot Ltd  IPL.AX :
    * IPL CEASES NEGOTIATIONS FOR SALE OF FERTILISERS BUSINESS
    * CEASED NEGOTIATIONS WITH PT PUPUK KALIMANTAN TIMUR FOR
SALE OF
ITS FERTILISERS BUSINESS
    * NOW ABLE TO COMMENCE ITS PREVIOUSLY ANNOUNCED ON- MARKET
SHARE
BUYBACK PROGRAM OF UP TO A$900M
    * CONFIRMS THAT FY24 EARNINGS OUTLOOK FOR DYNO NOBEL AND IPF
BUSINESSES REMAINS CONSISTENT
    * FY24 PRODUCTION VOLUMES AT PHOSPHATE HILL ARE LIKELY TO BE
AROUND LOWER END OF PREVIOUSLY INDICATED RANGE


Further company coverage:  IPL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))