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SBM — St Barbara News Story

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Australia's St Barbara hits over five-month high on return to annual profit

BUZZ-Australia's St Barbara hits over five-month high on return to annual profit

** Shares of St Barbara SBM.AX rise as much as 15.8% to A$0.77, their highest level since March 11

** Gold miner posts annual statutory profit after tax of A$490 million ($352.65 million) versus A$90 million loss from a year before

** Declares fully franked dividend of A$0.05 per share

** Considering undertaking a share buyback program of up to 100 million shares, co says

** 10.9 million shares change hands, 1.2x 30-day average

** Stock up 28.5% this year, including the day's move


($1 = 1.3895 Australian dollars)


(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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