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Glencore ( (GB:GLEN) ) has issued an update.
Glencore plc has announced a recommended distribution of US$0.10 per share for the financial year ending December 31, 2024, to be paid in two equal tranches in 2025. The distribution is subject to shareholder approval and will be processed in various currencies depending on shareholder location, impacting global stakeholders with diverse payment options.
More about Glencore
Glencore is one of the world’s largest diversified natural resource companies, producing and marketing over 60 commodities. Its operations span over 30 countries, focusing on sectors like automotive, steel, power generation, and battery manufacturing. The company is committed to supporting the global decarbonisation efforts and is a member of several international initiatives promoting security, human rights, and transparency in the extractive industries.
YTD Price Performance: -0.85%
Average Trading Volume: 36,894,262
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £42.68B
For a thorough assessment of GLEN stock, go to TipRanks’ Stock Analysis page.