CAPITAL MARKETS

Glencore announces US$1b share buyback programme

Glencore (LSE:GLEN) has announced a share buyback programme of up to US$1 billion that will run until the end of 2018.

The buyback could be intended to demonstrate Glencore management's confidence

The buyback could be intended to demonstrate Glencore management's confidence

The buyback announcement comes two days after the US Department of Justice sent Glencore subpoenas for documents relating to the miner's activities in the Democratic Republic of Congo, Nigeria and Venezuela....

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