Fletcher Building completes share buyback programme

Auckland, 18 May 2022: Fletcher Building Limited (the Company) today announces the successful completion of its on-market share buyback programme.

The share buyback programme commenced in June 2021 and the Company has now acquired the maximum 41,212,820 shares as set in accordance with section 65 of the Companies Act, being 5% of the Company’s shares on issue 12 months prior to the commencement of the buyback. The purchase of shares through the buyback programme was NZD$273.5 million in aggregate (which compares to the stated maximum aggregate of NZD$300 million).

The total number of shares on issue following the completion of the buyback is 783,043,596.

#Ends

Authorised by:
Chris Reid
Company Secretary

For further information please contact:

MEDIA
Christian May
General Manager – Corporate Affairs
+64 21 305 398
[email protected]

INVESTORS AND ANALYSTS
Aleida White
Head of Investor Relations
+64 21 155 8837
[email protected]

Announcement PDF