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31/07/2014 - 08:36

Woodside buyback plan set to fail

31/07/2014 - 08:36

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Woodside Petroleum's plan to buy back $US2.7 billion worth of shares from Royal Dutch Shell appears set to fail.Based on proxies lodged ahead of Friday's special shareholders meeting on the buyback, Woodside would fall short of the 75 per cent support threshold it needs to proceed.

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