Glencore ( (GB:GLEN) ) just unveiled an announcement.
Glencore PLC announced the purchase of 3 million of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program. This transaction, executed by Citigroup Global Markets Limited, is part of a strategy to manage the company’s capital structure and enhance shareholder value, with the buy-back program expected to be completed by August 2025.
More about Glencore
Glencore PLC is a multinational commodity trading and mining company. It operates in the metals and minerals, energy products, and agricultural products sectors, focusing on the extraction, production, and marketing of various commodities worldwide.
YTD Price Performance: -10.85%
Average Trading Volume: 40,334,521
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £38.64B
See more insights into GLEN stock on TipRanks’ Stock Analysis page.