Glencore posts lower earnings and returns $2 billion to shareholders
Published by Global Banking & Finance Review®
Posted on February 18, 2026
1 min readLast updated: February 18, 2026
Published by Global Banking & Finance Review®
Posted on February 18, 2026
1 min readLast updated: February 18, 2026
Glencore reports a 6% drop in earnings and announces a $2 billion share buyback after failed takeover talks with Rio Tinto.
LONDON, Feb 18 (Reuters) - Glencore, fresh from a failed takeover approach from bigger rival Rio Tinto, reported slightly lower earnings on Wednesday, and said it would return $2 billion to shareholders.
Talks to forge a $240 billion global mining giant were called off in February over differences on valuation and ownership.
Adjusted earnings before interest, taxes, depreciation and amortisation fell 6% to $13.51 billion last year, from $14.36 billion in 2024, above analysts' consensus estimates of $13.3 billion.
(Reporting by Clara Denina and Pratima Desai; editing by Barbara Lewis)
A share buyback occurs when a company purchases its own shares from the marketplace, reducing the number of outstanding shares and often increasing the value of remaining shares.
Corporate bonds are debt securities issued by companies to raise capital, where investors lend money to the issuer in exchange for periodic interest payments and the return of the bond's face value at maturity.
Adjusted EBITDA is a measure of a company's overall financial performance that excludes certain non-recurring items, providing a clearer view of operational profitability.
Market capitalization is the total market value of a company's outstanding shares, calculated by multiplying the share price by the total number of shares.
Explore more articles in the Finance category

