An update from Glencore ( (GB:GLEN) ) is now available.
Glencore PLC announced the repurchase of 7.5 million of its ordinary shares from Citigroup Global Markets Limited on the London Stock Exchange, as part of its ongoing buy-back program set to complete by August 2025. This move is part of Glencore’s strategy to manage its capital structure effectively, with the repurchased shares held in treasury, impacting the total voting rights and potentially affecting shareholder interest calculations.
More about Glencore
Glencore PLC is a leading multinational commodity trading and mining company. It is involved in the production, refinement, processing, and marketing of various natural resources including metals, minerals, energy products, and agricultural commodities.
YTD Price Performance: -8.36%
Average Trading Volume: 39,940,531
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £43.78B
For detailed information about GLEN stock, go to TipRanks’ Stock Analysis page.