Glencore ( (GB:GLEN) ) has issued an update.
Glencore PLC announced the repurchase of 3 million of its ordinary shares on the London Stock Exchange as part of its ongoing buy-back program. This transaction, executed through Citigroup Global Markets Limited, reflects the company’s strategy to manage its capital structure and enhance shareholder value, with the buy-back program expected to conclude by August 2025.
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 goods. The company operates globally, focusing on the extraction and trading of commodities such as copper, cobalt, zinc, nickel, and coal, serving a diverse range of industries.
YTD Price Performance: -9.20%
Average Trading Volume: 41,587,203
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £37.98B
See more data about GLEN stock on TipRanks’ Stock Analysis page.