Glencore ( (GB:GLEN) ) has provided an announcement.
Glencore PLC announced the repurchase of 3 million of its ordinary shares on the London Stock Exchange as part of its ongoing buy-back program. This transaction, executed through Citigroup Global Markets Limited, aims to manage the company’s capital structure and is expected to be completed by August 2025. The repurchased shares will be held in treasury, affecting the total number of voting rights and potentially impacting shareholder calculations under regulatory guidelines.
More about Glencore
Glencore PLC is a leading company in the mining and commodity trading industry, primarily focusing on the production and marketing of metals and minerals, energy products, and agricultural products. The company operates globally, serving a diverse range of industries and markets.
YTD Price Performance: -13.84%
Average Trading Volume: 41,913,530
Technical Sentiment Signal: Buy
Current Market Cap: £36.76B
Learn more about GLEN stock on TipRanks’ Stock Analysis page.