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Glencore reports a $1.6B net loss in 2024 but plans to distribute $2.2B to shareholders.
Glencore, a major commodity trading company, reported a $1.6 billion net loss for 2024, mainly due to falling coal prices and asset write-downs.
Despite the loss, the company plans to distribute $2.2 billion to shareholders through dividends and buybacks.
Glencore is also considering moving its primary stock listing from London to New York or another exchange to improve its stock valuation.
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Glencore reporta una pérdida neta de $1.6B en 2024, pero planea distribuir $2.2B a los accionistas.