Glencore ( (GB:GLEN) ) has issued an update.
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 repurchased shares will be held in treasury, impacting the total number of voting rights and potentially influencing shareholder interests. This transaction is part of a buy-back program scheduled to be completed by August 2025, reflecting Glencore’s strategic financial management and market positioning.
More about Glencore
Glencore plc is a leading multinational commodity trading and mining company. It operates in the metals and minerals, energy products, and agricultural products sectors, focusing on the extraction, production, refining, processing, storage, and transportation of these commodities globally.
YTD Price Performance: -9.69%
Average Trading Volume: 40,973,181
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £38.76B
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