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Glencore Executes Share Buy-back on London Stock Exchange

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Glencore Executes Share Buy-back on London Stock Exchange

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The latest update is out from Glencore ( (GB:GLEN) ).

Glencore PLC has executed a share buy-back transaction, repurchasing 10 million of its ordinary shares on the London Stock Exchange at prices ranging between £3.2535 and £3.4335. These shares will be held in treasury, and the buy-back is part of an ongoing program expected to conclude by August 2025, potentially impacting shareholder voting rights and market dynamics.

More about Glencore

Glencore PLC is a multinational commodity trading and mining company, primarily focusing on metals and minerals, energy products, and agricultural products. It operates globally with a significant presence in resource-rich regions, catering to diverse industrial sectors.

YTD Price Performance: -7.24%

Average Trading Volume: 38,204,415

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £43.06B

For an in-depth examination of GLEN stock, go to TipRanks’ Stock Analysis page.

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