(Reuters) – Glencore announced a payout of $7.1 billion to its investors on Wednesday, including a new $1.5 billion share buyback programme, after the company posted a record 2022 trading profit thanks to strong oil and coal prices.
The miner’s trading division reported an adjusted operating profit of $6.4 billion for 2022, up 73% from the previous year.
(Reporting by Muhammed Husain in Bengaluru; Editing by Subhranshu Sahu)
