RPT-Glencore posts lower earnings and returns $2 billion to shareholders
ReutersFeb 18, 2026 7:31 AM
LONDON, Feb 18 (Reuters) - Glencore GLEN.L, fresh from a failed takeover approach from bigger rival Rio Tinto RIO.L, 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.
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