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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Glencore Plc | LSE:GLEN | London | Ordinary Share | JE00B4T3BW64 | ORD USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.50 | -0.54% | 464.00 | 464.05 | 464.20 | 466.30 | 462.65 | 464.40 | 2,591,437 | 10:27:38 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Nonmetallic Mineral Pds, Nec | 217.83B | 4.28B | 0.3508 | 13.21 | 56.56B |
By Jaime Llinares Taboada
Glencore PLC said Thursday that it will increase 2021 shareholder returns to $2.8 billion, as higher commodity prices boosted profit and free cash flow in the first half of the year.
The natural-resources major said that it will pay a $500 million special cash distribution in September, equivalent to $0.04 a share, and launch a $650 million share buyback to be completed by the release of its full-year results next year.
The company made a net profit of $1.28 billion in the six months to June, swinging from a $2.60 billion net loss a year earlier.
Adjusted earnings before interest, taxes, depreciation and amortization jumped 79% to $8.65 billion in the period, the company said.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
August 05, 2021 02:36 ET (06:36 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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