Glencore ( (GB:GLEN) ) has issued an announcement.
Glencore plc announced the purchase of 3,000,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program. The shares were bought at prices ranging from 312.50p to 320.80p, with a volume-weighted average price of 316.75p. These shares will be held in treasury, and the transaction is part of a buy-back initiative expected to conclude by August 2025. This move is likely to impact the company’s share structure and voting rights, providing shareholders with updated figures for their interest calculations.
More about Glencore
Glencore plc is a leading company in the mining and commodities sector, primarily involved in the production and marketing of metals, minerals, and energy products. The company operates globally, focusing on the extraction and trading of resources such as copper, cobalt, nickel, zinc, and coal.
YTD Price Performance: -11.25%
Average Trading Volume: 41,640,635
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £38.03B
See more data about GLEN stock on TipRanks’ Stock Analysis page.
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