30 November 2007
Foster's Completes $100 Million On-Market Buy-Back
Foster’s Group Limited (Foster’s) has successfully completed its $100 million on-market share buy-back.
Foster’s bought back 15,950,793 shares at prices between $6.06 and $6.43 per share - at an average price of $6.27 per share.
The $100 million on-market buy-back completes the $350 million capital management program announced in August 2007.
The program has allowed Foster’s to effectively manage its capital structure in line with its current investment credit grade rating and is consistent with its intention to remain in a position to fully frank dividends for the foreseeable future.
Goldman Sachs JBWere was engaged to act as broker in connection with the on-market buy-back.
Further information
Media
Troy Hey
Tel: + 61 3 9633 2085
Mob: +61 409 709 126
Investors
Chris Knorr
Tel: +61 3 9633 2685
Mob: + 61 417 033 623
