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Aug. 17, 2021, 5:16 a.m. EDT

BHP Group's U.S.-listed shares diverge on plan to end dual structure

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By Steve Goldstein

The U.S.-listed shares of BHP Group diverged in premarket trade as the mining giant, alongside major moves to merge its oil and gas division with Woodside Petroleum and invest in potash, announced a plan to unify its corporate structure under BHP's existing Australian parent company. BHP Group Ltd /zigman2/quotes/208108397/composite BHP -0.12% fell 4%, while BHP Group PLC /zigman2/quotes/202855126/composite BBL -0.11% rallied 6%. Plc shareholders' shares will be exchanged for Limited shares on a one-for-one basis, the company said.

/zigman2/quotes/208108397/composite
US : U.S.: NYSE
$ 58.01
-0.07 -0.12%
Volume: 3.24M
Oct. 20, 2021 4:00p
P/E Ratio
13.29
Dividend Yield
10.38%
Market Cap
$143.20 billion
Rev. per Employee
N/A
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/zigman2/quotes/202855126/composite
US : U.S.: NYSE
$ 55.78
-0.06 -0.11%
Volume: 2.35M
Oct. 20, 2021 4:00p
P/E Ratio
12.78
Dividend Yield
10.79%
Market Cap
$143.20 billion
Rev. per Employee
N/A
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