Glencore (GLEN)

Sector:

Mining

Index:

FTSE 100

481.90p
   
  • Change Today:
    -1.35p
  • 52 Week High: 501.50
  • 52 Week Low: 368.95
  • Currency: UK Pounds
  • Shares Issued: 12,201m
  • Volume: 43,793,511
  • Market Cap: £58,795m

Glencore said to be studying approach for Anglo American

By Michele Maatouk

Date: Friday 03 May 2024

LONDON (ShareCast) - (Sharecast News) - Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.
Reuters cited sources as saying that Glencore has not yet approached Anglo. It was understood the discussions are internal and preliminary at this stage and may not result in an approach.

A Glencore spokesperson told Reuters: "We do not comment on market rumour or speculation."

Last Friday, Anglo rejected a £31bn all-share proposal from BHP, saying it was "highly unattractive" and "opportunistic".

A source familiar with the matter previously told Reuters that the Australian mining giant - which has until 22 May to make a formal bid - was considering making an improved offer.

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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 481.90p
Change Today -1.35p
% Change -0.28 %
52 Week High 501.50
52 Week Low 368.95
Volume 43,793,511
Shares Issued 12,201m
Market Cap £58,795m

Glencore Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
0.86% below the market average0.86% below the market average0.86% below the market average0.86% below the market average0.86% below the market average
41.35% below the sector average41.35% below the sector average41.35% below the sector average41.35% below the sector average41.35% below the sector average
Price Trend
31.63% above the market average31.63% above the market average31.63% above the market average31.63% above the market average31.63% above the market average
51.05% above the sector average51.05% above the sector average51.05% above the sector average51.05% above the sector average51.05% above the sector average
Income
11.7% below the market average11.7% below the market average11.7% below the market average11.7% below the market average11.7% 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
23.43% below the market average23.43% below the market average23.43% below the market average23.43% below the market average23.43% below the market average
13.33% below the sector average13.33% below the sector average13.33% below the sector average13.33% below the sector average13.33% 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 30-May-2024

Time Volume / Share Price
18:33 2,030,495 @ 480.87p
18:33 2,030,495 @ 480.15p
16:36 883,186 @ 481.77p
16:36 1,147,309 @ 478.91p
16:36 224,132 @ 480.57p

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