Glencore launches $1bn share buyback program
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MADRID, 7 (EUROPA PRESS) Banco Sabadell has executed 58.95% of its repurchase of shares of 755 million euros, as reported in a notification sent to the National Securities Market Commission (CNMV). In the nine weeks that the program has been active, the bank has already invested 445,0 million euros for [...] The Sabadell ticket executes almost 60% of its 755 million share buyback program appears first in Forbes Spain.
Glencore launches $1bn share buyback program
DIVERSIFIED miner Glencore will spend $1bn purchasing its own shares over seven months as the company seeks to counter declining stock prices that have eroded market value, BusinessLive said on Monday. The mining giant announced Monday that UBS will manage the buyback program, which aims to reduce capital and support share prices. Purchased shares will be held in treasury, Glencore said in a statement. The initiative follows last week’s completi…
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