August 5, 2021
LONDON (Reuters) – Glencore will return $2.8 billion to shareholders after soaring commodity prices helped the mining and trading company to a record performance for the first six months of the year, it said on Thursday.
The London-listed company’s first-half adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) rose 79% to $8.7 billion, compared with $4.8 billion a year earlier, beating the $8.4 billion expected by analysts polled by Refinitiv.
(Reporting by Clara Denina and Zandi Shabalala; Editing by David Goodman)
Source: One America News Network
