Glencore ( (GB:GLEN) ) has provided an announcement.
Glencore PLC has announced the repurchase of 3,250,000 of its ordinary shares on the London Stock Exchange as part of its ongoing buy-back program. The shares were acquired at a volume-weighted average price of 284.70p and will be held in treasury. This move is part of a broader 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 company in the commodities industry, primarily engaged in the production and marketing of metals, minerals, energy products, and agricultural goods. The company operates on a global scale, focusing on the extraction and trading of raw materials essential for various industries.
YTD Price Performance: -19.60%
Average Trading Volume: 43,385,419
Technical Sentiment Signal: Buy
Current Market Cap: £33.81B
Find detailed analytics on GLEN stock on TipRanks’ Stock Analysis page.