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Glencore Enhances Share Buyback Program with Latest Purchase

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Glencore Enhances Share Buyback Program with Latest Purchase

An update from Glencore ( (GB:GLEN) ) is now available.

Glencore plc announced the purchase of 3,000,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. This transaction, executed by Citigroup Global Markets Limited, is part of a larger buyback initiative expected to conclude by August 2025, impacting the company’s treasury holdings and voting rights structure.

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 production and marketing of commodities worldwide.

YTD Price Performance: -10.03%

Average Trading Volume: 40,096,864

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £38.65B

See more insights into GLEN stock on TipRanks’ Stock Analysis page.

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