Glencore ( (GB:GLEN) ) has issued an announcement.
Glencore plc announced the repurchase of 3,000,000 of its ordinary shares on the London Stock Exchange as part of its ongoing buy-back program, which is set to conclude by August 2025. This transaction, executed by Citigroup Global Markets Limited, reflects Glencore’s strategy to manage its share capital and potentially enhance shareholder value, impacting the total number of voting rights and treasury shares held by the company.
More about Glencore
Glencore plc is a leading multinational commodity trading and mining company, primarily engaged in the production and marketing of metals, minerals, energy products, and agricultural commodities. The company operates on a global scale, with a significant presence in both the trading and production sectors, focusing on the supply chain from extraction to delivery.
YTD Price Performance: -13.98%
Average Trading Volume: 42,272,290
Technical Sentiment Signal: Buy
Current Market Cap: £36.69B
Find detailed analytics on GLEN stock on TipRanks’ Stock Analysis page.