Glen lse

Plus, UK dealmakers say carried interest tax increases could be worse than Brexit.

Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial Times reported on Wednesday. Tribeca wrote to the Swiss commodity giant's board this week with a list of proposals, including moving its listing to the Australian Securities Exchange to boost its share price, which it said had lagged behind its rivals, according to the report. The Australian hedge fund also recommended increasing dividends by discontinuing share buybacks and divesting a minority stake in Glencore's lucrative trading division via an initial public offering instead of spinning off its coal business, the FT said. Tribeca, an Australian hedge fund, wrote to Glencore's board this week with a list of proposals to boost the share price, which it said had lagged behind rivals since the Swiss commodity giant's public offering in , according to the report, which cited a letter seen by the FT. The hedge fund also recommended increasing dividends by discontinuing share buybacks and divesting a minority stake in Glencore's lucrative trading division via an initial public offering, the FT said.

Glen lse

Prices delayed by at least 15 minutes Print. Previous close. Trade high. Year high. Year low. Dividend yield. Market capitalisation. Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of

Dividend yield.

Glencore plc. Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. About the company. It operates through two segments: Marketing Activities and Industrial Activities. GLEN Stock Overview Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. Trading at 6.

Expanded coal production and oil refinery restart behind setback but company says it is on track for targets. Plus, UK dealmakers say carried interest tax increases could be worse than Brexit. Rebooting the UK stock market after decades of decline will need a wide range of measures but every little helps. Electricity tsar says issue that has plagued the country for more than a decade would be largely over by year end. FTSE companies are so cheap and so global that local politics is irrelevant. Glut of key metal for electric car batteries predicted to last until Financial Times Close. Search the FT Search.

Glen lse

Glencore PLC is a Switzerland-based producer and marketer of natural resources. The Company is a producer and marketer of coal, with mines in Australia, Africa and South America - and a marketer of crude oil, refined products and natural gas. The Company physically source commodities and products from its global supplier base - and sell them to customers all over the world, transporting commodities by sea, rail and truck, storing, processing, and delivering them. The Company is also involved in the recycling of copper and precious metals. Financial Times Close. Search the FT Search.

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Rebooting the UK stock market after decades of decline will need a wide range of measures but every little helps. Nov Mar 08 Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial Times reported on Wednesday. Price Volatility. Mar 13 Glencore plc Fundamentals Summary. Basic Materials Industrial Metals and Mining. High number of new directors Aug Use our equities screener to discover other potential opportunities. Past Performance. Feb 25 Tribeca wrote to the Swiss commodity giant's board this week with a list of proposals, including moving its listing to the Australian Securities Exchange to boost its share price, which it said had lagged behind its rivals, according to the report.

Financial Times Close. Search the FT Search.

See Fair Value and valuation analysis. When do you need to buy GLEN by to receive an upcoming dividend? About the company. Financial Health. Use our equities screener to discover other potential opportunities. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell. Yahoo Finance. All markets data located on FT. Trade high Annual div ADY Plus, UK dealmakers say carried interest tax increases could be worse than Brexit. Year high The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe.