Glencore (GLEN)

Sector:

Mining

Index:

FTSE 100

496.85p
   
  • Change Today:
      3.85p
  • 52 Week High: 497.40p
  • 52 Week Low: 368.95p
  • Currency: UK Pounds
  • Shares Issued: 12,201m
  • Volume: 10,085,214
  • Market Cap: £60,619m

Glencore to pay $1.5bn to settle UK, US investigations

By Michele Maatouk

Date: Tuesday 24 May 2022

LONDON (ShareCast) - (Sharecast News) - Glencore will reportedly pay $1.5bn to settle US and UK investigations into alleged wrongdoing.
According to Bloomberg sources, Glencore's general counsel appeared earlier on Tuesday in a New York courtroom, where a federal judge said the commodities giant would plead guilty to a charge of conspiracy to commit bribery.

Glencore put out a brief statement saying that it was appearing in court in the US and the UK on Tuesday "in connection with proposed resolutions of the relevant investigations" and that it expected to issue announcement once the court hearings conclude.

The company had said in its preliminary results in February that it expected to resolve the US, UK and Brazilian investigations this year. It also said it had set aside $1.5bn for the settlements.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Glencore Market Data

Currency UK Pounds
Share Price 496.85p
Change Today 3.85p
% Change 0.78 %
52 Week High 497.40p
52 Week Low 368.95p
Volume 10,085,214
Shares Issued 12,201m
Market Cap £60,619m

Glencore Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.17% above the market average3.17% above the market average3.17% above the market average3.17% above the market average3.17% above the market average
41.79% below the sector average41.79% below the sector average41.79% below the sector average41.79% below the sector average41.79% below the sector average
Price Trend
43.55% above the market average43.55% above the market average43.55% above the market average43.55% above the market average43.55% above the market average
62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average
Income
5.54% below the market average5.54% below the market average5.54% below the market average5.54% below the market average5.54% below the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Growth
24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average24.2% below the market average
1.64% below the sector average1.64% below the sector average1.64% below the sector average1.64% below the sector average1.64% below the sector average

What The Brokers Say

Strong Buy 7
Buy 3
Neutral 5
Sell 0
Strong Sell 0
Total 15
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Glencore Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 29-Aug-24 02-May-24
Paid 20-Sep-24 05-Jun-24
Amount 6.50¢ 6.50¢

Trades for 17-May-2024

Time Volume / Share Price
15:06 44 @ 496.85p
15:06 236 @ 496.80p
15:06 268 @ 496.80p
15:06 226 @ 496.75p
15:06 590 @ 496.75p

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