DEDeutsch Search

Activities
The expertise of our employees is the basis on which our core construction competence relies, and it has been that way for 150 years. Owing to our long-term local presence and our extensive technical and project-management know-how, we are capable of realizing unique solutions and of driving on digitization in the construction industry.
Careers
Would you like to build the world of tomorrow? Then HOCHTIEF is just the right place for you. Because we realize projects with experience, technical excellence and innovative solutions. Here you find out what jobs are currently available, what makes HOCHTIEF such a good employer and what personalities we are looking for.
News & Media
On these pages we present our information and media offering for the press and the public. In addition to press releases, here you will find images, videos and reports. You are kindly invited to directly contact us.
Sustainability
We are always aware of our responsibility vis-à-vis our clients, business partners, shareholders and employees as well as with regard to our societal and natural environment. To secure our long-term success we are promoting the interplay between economy, ecology and social affairs.
Investor Relations
HOCHTIEF is an engineering-led global infrastructure solutions provider with leading positions in North America, Australia and Europe and a rapidly expanding presence in high-tech, energy transition and sustainable infrastructure markets.
About HOCHTIEF
HOCHTIEF Group is a global, integrated, and diverse organisation that develops, invests in, designs, constructs, and operates projects in advanced technology, energy transition, sustainable mobility, critical minerals, natural resources, social infrastructure, and large-scale civil engineering.

Sydney, 14. December 2018

CIMIC Announces Further On Market Share Buyback

On 14 December 2018, the Board of CIMIC Group approved a proposal to conduct a further on?market share buy?back of up to 10% of CIMIC’s fully paid ordinary shares for a period of 12 months commencing on 29 December 2018 (new buy-back).

CIMIC’s current on?market share buy-back (announced on 14 December 2017) will end on 28 December 2018.

The new buy-back will continue to meet CIMIC’s previously stated aims of enhancing shareholder returns and capital efficiency, and maintaining balance sheet flexibility to pursue future growth and investment opportunities.

Funded by a combination of cash balances and working capital facilities, the new buy-back demonstrates CIMIC’s strong balance sheet position, solid cash flow generation, and disciplined approach to capital management.

The new buy-back will be within the ‘10/12 limit’ permitted by the Corporations Act 2001 (Cth) and therefore does not require shareholder approval.

The timing and number of shares purchased will depend on the CIMIC share price and market conditions.

An Appendix 3C for the new buy-back is attached.

Back to overview