Glencore announces $1 billion share buyback-March 2024-www.financetom.com

Glencore announces $1 billion share buyback

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Glencore announces $1 billion share buyback

Jul 2, 2025 9:12 AM

July 2 (Reuters) - Glencore ( GLCNF ) said on Wednesday

it will buy back shares worth $1 billion starting next week

following the merger of global agribusiness Bunge Global ( BG )

with its grain handler Viterra.

The miner, which will hold 16.4% of the enlarged company and

$900 million in cash, considers NYSE-listed Bunge shares as

surplus capital.

Previous page： Factbox-Trump's tariffs and threatened trade actions Next page： CERAWEEK-Next round of inspections in Eaton Fire expected next week, Edison Intl CEO

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Factbox-Trump's tariffs and threatened trade actions

Mar 13, 2025

(Reuters) -U.S. President Donald Trump has made numerous tariff threats since returning to office on January 20, ranging from a universal duty on imports to targeted tariffs on specific sectors or countries, in a bid to get others to meet his policy demands. Trump's threats have changed over time, leaving other nations and businesses unclear about what is to come...

CERAWEEK-Next round of inspections in Eaton Fire expected next week, Edison Intl CEO

Mar 13, 2025

HOUSTON, March 13 (Reuters) - Southern California Edison will begin its first close-up physical inspections of certain power equipment under investigation for possible links to the start of the Eaton Fire in Los Angeles early this year, Edison International ( EIX ) CEO Pedro Pizarro told Reuters at the CERAWeek conference in Houston on Thursday. Several fires broke out across...

CRA International CFO Daniel Mahoney to Depart

Mar 13, 2025

05:54 PM EDT, 03/13/2025 (MT Newswires) -- Charles River Associates (CRAI) said Thursday that Chief Financial Officer Daniel Mahoney is leaving for a new role outside the consulting industry, effective April 11. Chief Corporate Development Officer and former CFO Chad Holmes will serve as interim CFO while the company searches for a replacement, according to CRA International ( CRAI )....

Karat Packaging Q4 EPS, Revenue Rise

Mar 13, 2025

05:54 PM EDT, 03/13/2025 (MT Newswires) -- Karat Packaging ( KRT ) late Thursday reported Q4 adjusted net income of $0.29 per diluted share, up from $0.24 a year earlier. Four analysts polled by FactSet, on average, expected $0.38. Revenue for the quarter ended Dec. 31 was $101.6 million, compared with $95.6 million a year earlier. Four analysts expected $102.3...