BHP to hand shale cash to shareholders

BHP (ASX:BHP) has wrapped up the US$10.5 billion of its US onshore assets to BP and unveiled $10.4 billion in shareholder returns.

'How would you like your dividend, madame, cash or cheque?'

The returns will comprise a $5.2 billion off-market buy-back, where shares will be bought back at up to a 14% discount.

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