{"id":116576,"date":"2026-08-17T18:57:55","date_gmt":"2026-08-17T18:57:55","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/116576\/"},"modified":"2026-08-17T18:57:55","modified_gmt":"2026-08-17T18:57:55","slug":"glencore-unveils-1-5bn-payout-and-australian-listing-plans-as-earnings-soar-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/116576\/","title":{"rendered":"Glencore unveils $1.5bn payout and Australian listing plans as earnings soar"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/942D22AC9804FD197DAADF2A59C0625945BBA5D5849F0FB8619F9F08B6CAAE31\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fproactive_us_504%2Fdc6afbb5c0f7da41bc788d16349a43ef\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"Glencore unveils $1.5bn payout and Australian listing plans as earnings soar\" height=\"540\" width=\"960\" class=\"yf-j98iil loader\"\/><\/a> Glencore unveils $1.5bn payout and Australian listing plans as earnings soar Proactive uses images sourced from Shutterstock           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/finance.yahoo.com\/quote\/GLEN.l\" data-ylk=\"slk:Glencore%20PLC%20(LSE%3AGLEN);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Glencore PLC (LSE:GLEN)&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"nofollow noopener\">Glencore PLC (LSE:GLEN)<\/a> reported an 86% jump in first-half earnings and announced an additional $1.5 billion of shareholder returns as it enjoyed a boost from\u00a0higher commodity prices and volatile energy markets.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Underlying profit (adjusted EBITDA) rose to $10.11\u00a0billion from $5.43 billion a year earlier, on revenue that increased 49% to $174.4 billion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The commodities group declared a special cash distribution of 8.5 cents per share, worth around $1 billion, alongside a new $500 million share buyback. This lifted total shareholder returns announced for 2026 to roughly $3.5 billion.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Glencore&#8217;s marketing division generated adjusted operating profit of $3.3 billion, as indicated in <a href=\"https:\/\/www.proactiveinvestors.co.uk\/companies\/news\/1096196\/glencore-rises-as-bumper-first-half-trading-profits-near-full-year-target-1096196.html\" data-ylk=\"slk:its%20July%20trading%20update;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;its July trading update&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">its July trading update<\/a>. This was up 142% and represented a near-record first-half result as the Middle East conflict disrupted energy, freight and related markets.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Industrial adjusted earnings rose 72% to $6.5 billion, reflecting higher commodity prices and solid operating performance. The benefits were partly offset by a weaker US dollar and higher costs linked to supply-chain disruption.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Net debt fell $1 billion to $10.2 billion despite $4 billion of net capital expenditure.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Glencore also plans to seek a secondary listing in Australia in October to broaden its shareholder base and improve trading liquidity.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The group indicated full-year adjusted earnings of around $19.7 billion at current commodity prices, supported by an expected increase in second-half production volumes.  <\/p>\n","protected":false},"excerpt":{"rendered":"Glencore unveils $1.5bn payout and Australian listing plans as earnings soar Proactive uses images sourced from Shutterstock Glencore&hellip;\n","protected":false},"author":2,"featured_media":116577,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[123],"tags":[8618,14932,230,132,1929,8616],"class_list":["post-116576","post","type-post","status-publish","format-standard","has-post-thumbnail","category-glencore","tag-adjusted-earnings","tag-commodity-prices","tag-earnings","tag-glencore","tag-share-buyback","tag-shareholder-returns"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/117112387013246063","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/116576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=116576"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/116576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/116577"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=116576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=116576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=116576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}