An announcement from Glencore ( (GB:GLEN) ) is now available.
Glencore PLC announced the repurchase of 3,000,000 of its ordinary shares on the London Stock Exchange as part of its ongoing buy-back program. This transaction, executed by Citigroup Global Markets Limited, is part of a strategy to manage the company’s share capital and is expected to conclude by August 2025. The repurchased shares will be held in treasury, impacting the total number of voting rights and potentially affecting shareholder calculations under regulatory guidelines.
More about Glencore
Glencore PLC operates in the commodities industry, focusing on the production and marketing of metals, minerals, energy products, and agricultural goods. It is a major player in the global market, providing raw materials to various industries worldwide.
YTD Price Performance: -8.36%
Average Trading Volume: 39,940,531
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £43.78B
See more insights into GLEN stock on TipRanks’ Stock Analysis page.