Glencore’s Best Start to Year Eases Blow From Post-IPO Slump
- Billionaire CEO will face investors at annual meeting Thursday
- Debt reduction may offer opportunity for battered shareholders
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Glencore Plc shareholders showing up for the miner’s annual meeting on Thursday can take comfort in the stock’s best ever start to a year.
Less so the loss of about half the company’s value since they met 12 months ago and more than 70 percent since a $10 billion initial public offering in 2011.