Glencore shareholders will receive almost £6bn after record profits

Mining and commodities firm's pre-tax profit climbed 60% to 28.2bn last year, up 10.6bn from 2021

Glencore will give almost 6bn to shareholders after the mining and commodities company reported record pre-tax profits of more than 28bn in 2022, boosted by rocketing oil and coal prices.

The Switzerland-based group, one of the largest companies listed on London's FTSE 100 by market capitalisation, announced a payout of 5.9bn ($7.1bn) to shareholders, including dividends and a new 1.2bn share buyback programme.