BRIEF-Glencore To Commence Share Buy-Back Programme Of Up To $1 Bln [Reuters]
GLENCORE PLC UNSP/ADR (GLNCY)
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Source: Reuters
BRIEF-Glencore To Commence Share Buy-Back Programme Of Up To $1 Bln | Reuters Reuters Staff 1 Min Read July 5 (Reuters) - Glencore PLC: * SHARE BUY-BACK PROGRAMME * PROGRAMME WILL BE EFFECTED IN ACCORDANCE WITH TERMS OF AUTHORITY GRANTED BY SHAREHOLDERS AT 2018 AGM * GLENCORE PLC WILL COMMENCE A SHARE REPURCHASE OR BUY-BACK PROGRAMME OF UP TO USD1 BILLION IN PERIOD TO 31 DECEMBER 2018 * CURRENTLY INTENDED THAT ANY ORDINARY SHARES OF COMPANY PURCHASED WILL BE HELD IN TREASURY * ENTERED INTO AN AGREEMENT WITH CITIGROUP GLOBAL MARKETS LIMITED TO CONDUCT PROGRAMME, WHICH WILL BE IMPLEMENTED IN TWO STAGES Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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