New 2.5 million On-Market Share Buy-Back Program

Release date: April 22, 2009
Business segment: Corporate

Melbourne - Ansell's (ANN:ASX) 5 million share on-market buy-back program, which commenced on 24 April 2008, is being closed as its 12 month term expires on 23 April 2009.


During its life, 800,124 shares were bought back on the ASX, the Company having indicated in August 2008, that it had a preference for accumulating cash for acquisitions over further share buy-backs.


This view has not changed. Ansell continues to believe that attractive acquisition opportunities could become available and that having a strong balance sheet to take advantage of these would be preferable.


However, Ansell also believes that, especially in today's volatile environment, it would be appropriate for the Company to have the capital management flexibility of having an approved on-market share buy-back program in place.


Ansell is today announcing a new 2.5 million share on-market buy-back program, but is also re-iterating that the first priority will be to continue to accumulate cash.

Media contacts

  • Mr Wouter Piepers
    Global Communications Director
    Phone +32 2 528 74 00
    Fax +32 2 528 74 01
    Send email

Investor relations team

  • Mr David Graham
    General Manager Finance & Treasury
    Phone +61 3 9270 7215
    Fax +61 3 9270 7300
    Send email
  • Mr Rustom Jilla
    Chief Financial Officer
    Phone + 1 732 345 5359
    Fax + 1 732 219 5114
    Send email

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Did you know

Every day half a million workers are wearing HyFlex® gloves

Ansell created its first condom over a hundred years ago

Ansell is also active in the consumer market.

Ansell has 4 Global Business Units: Medical Solutions, Industrial Solutions, Specialty Market Solutions and Sexual Wellness

Ansell employs over 10,000 employees in 42 facilities in 21 countries across the globe.

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