Shareholders vote against Woodside buyback

Results show only 72% of shareholders supported the deal, short of 75% threshold.

Woodside Petroleum's proposed $US2.68 billion share buyback has been voted down by shareholders.

Only 72% of shareholders voted in favour of the deal, short of the 75% required for the deal to pass.

Earlier, chairman Michael Chaney said he expected the vote to fail after proxy votes fell short and the final result came down to floor votes.


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