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Teck Jumps on Buyback, Debt Plan After Coal Sale to Glencore

Shares of Teck Resources Ltd. jumped the most since April on the company’s plans to cut debt and return cash to shareholders thanks to proceeds from the sale of its steelmaking coal business to Glencore Plc.

By: financialpost.com

Jul 05 2024
11
13568 Views

Teck Jumps on Buyback, Debt Plan After Coal Sale to Glencore

(Bloomberg) — Shares of Teck Resources Ltd. jumped the most since April on the company’s plans to cut debt and return cash to shareholders thanks to proceeds from the sale of its steelmaking coal business to Glencore Plc. Read More

Teck Jumps on Buyback, Debt Plan After Coal Sale to Glencore

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