US EditionTeck Announces Dividend - Teck Resources (NYSE:TECK)
- On Thursday, Teck Resources Ltd. reported first-quarter profit more than doubled to $819 million, driven by record copper sales of 155,000 tons and revenue surging to $3.94 billion.
- Higher commodity prices bolstered results as copper averaged $5.83 per pound in the quarter ended March 31, up from $4.24 a year earlier. Teck reported adjusted earnings of $1.75 per share, surpassing the $1.15 average analyst estimate.
- Copper production jumped 32% to 140,000 tons, while the Quebrada Blanca mine in Chile increased output 31.2% to 55,500 tons amid a steady ramp-up in operations.
- The proposed $53 billion merger with Anglo American remains on track following shareholder approval in December, awaiting customary closing conditions including regulatory approvals.
- London-Listed Anglo expects final regulatory approval between September this year and March 2027. Teck and its peers anticipate a 50% surge in global copper demand by 2040, driven by artificial intelligence and defense infrastructure growth.
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15 Articles
The Toronto Star
Teck Reports Voting Results from Annual Meeting of Shareholders
VANCOUVER, British Columbia, April 23, 2026 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual Meeting of Shareholders held on Thursday,…
Teck Announces Dividend - Teck Resources (NYSE:TECK)
VANCOUVER, British Columbia, April 23, 2026 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX:TECK, NYSE:TECK) ("Teck") announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on June 30, 2026 to shareholders of record at the ...Full story available on Benzinga.com
The Hamilton Spectator
Teck Reports Unaudited First Quarter Results for 2026
VANCOUVER, British Columbia, April 23, 2026 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited first quarter results for 2026.
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