|Bid||525.40 x 0|
|Ask||525.60 x 0|
|Day's range||502.90 - 540.00|
|52-week range||229.95 - 540.20|
|Beta (5Y monthly)||1.52|
|PE ratio (TTM)||17.55|
|Forward dividend & yield||0.20 (4.03%)|
|Ex-dividend date||01 Sept 2022|
|1y target est||N/A|
The announcement came after Glencore Energy UK indicated in a London court it will plead guilty.
A British subsidiary of Glencore Plc will plead guilty to seven counts of bribery in London in connection with its oil operations as the commodity trading giant starts resolving a string of investigations that have spanned the Atlantic. The UK Serious Fraud Office (SFO), which opened a corruption investigation codenamed Operation Azoth in 2019, said on Tuesday it had exposed "profit-driven bribery and corruption" across oil operations in Cameroon, Equatorial Guinea, Ivory Coast, Nigeria, and South Sudan.
A court has heard that a unit of FTSE 100 mining and commodities trader Glencore plans to plead guilty to bribery charges related to oil contracts in Africa. The Serious Fraud Office (SFO) charged Glencore Energy (UK) Ltd with seven offences and said, following a hearing at Westminster Magistrates' Court, that the company had indicated that it would admit them. The charges follow an SFO investigation which began in December 2019.