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BROKEN HILL PROPRIETARY COMPANY LIMITED (THE) (BHP)

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Former (or subsequent) names

 FROMTO
BHP GROUP LIMITED18/12/2018
BHP BILLITON LIMITED29/06/200118/12/2018
BHP LIMITED02/11/200029/06/2001
BROKEN HILL PROPRIETARY COMPANY LIMITED (THE)02/11/2000

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Company details



Date first listed: 13/08/1885

News & Events

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name changed to BHP Limited

02/11/2000

on 31 August, 2000 Broken Hill Proprietary Company Limited (BHP) announced a Scheme of Arrangement for the demerger of its steel long products business OneSteel Limited ("OneSteel") and on 17 October, 2000, BHP shareholders met and approved the Scheme - as a consequence, the capital in each BHP share on issue was reduced by $0.66, and this capital reduction was compulsorily applied to the transfer to BHP shareholders of one OneSteel share for every four (4) BHP shares held - the capital reduction, and issue of OneSteel shares took place on 31 October 2000 (according to the ATO the return of capital of 66 cents is a non-assessable payment, so shareholders who received OneSteel shares should have reduced the cost base and reduced cost base of their BHP shares by 66 cents per share - also according to the ATO the acquisition cost of OneSteel shares was therefore $2.64 per share and the acquisition date is 31 October 2000)

31/10/2000

 

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