May 30 (Reuters) - Teck Resources Ltd TECKb.TO :
* TECK ANNOUNCES SHARE BUYBACK INCREASE TO $1 BILLION AND REDEMPTION OF US$600 MILLION PRINCIPAL AMOUNT OF NOTES
* TECK-WILL APPLY ADDITIONAL $600 MILLION OF CASH ON HAND TO REPURCHASE CLASS B SUBORDINATE VOTING SHARES UNDER PREVIOUSLY ANNOUNCED NORMAL COURSE ISSUER BID PROGRAM
* TECK RESOURCES - ISSUED NOTICE OF REDEMPTION TO REDEEM, ON JUNE 29, 2019, ALL OF $600 MILLION PRINCIPAL AMOUNT OF OUTSTANDING 8.5% NOTES DUE IN JUNE 2024
* $400 MILLION OF SHARE REPURCHASES PREVIOUSLY ANNOUNCED IN NOVEMBER 2018 ARE NOW COMPLETE
* CO WILL NOT PROCEED WITH MACKENZIE REDCAP EXTENSION AT CARDINAL RIVER STEELMAKING COAL OPERATION
* TECK WILL HAVE NO SIGNIFICANT NOTE MATURITIES DUE UNTIL 2035