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Glencore Lifts Share Buy-back Program By Addl. $1 Bln, Extends To Feb 20


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(RTTNews.com) - Glencore Plc. (GLCNF.PK, GLNCY.PK, GLEN.L) announced Tuesday that it has lifted the share buy-back program by an additional amount of up to $1 billion. The company also extended the duration of the program until the close of dealings on February 20, 2019.

The announcement comes as the firm approaches the completion of the existing $1 billion Share buy-back program.

The Program will be effected in accordance with the terms of the authority granted by shareholders at the 2018 AGM.

As of September 24,, 230,240,288 shares valued at $939.13 million have been purchased under the existing programme.


Read the original article on RTTNews (http://www.rttnews.com/2937764/glencore-lifts-share-buy-back-program-by-addl-1-bln-extends-to-feb-20.aspx)


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This article appears in: Fundamental Analysis , Stocks
Referenced Symbols: GLCNF ,



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