London, Feb 20, 2026, 09:16 GMT — Regular session

• Glencore shares were little changed early on Friday after the miner’s 2025 results and a $2 billion shareholder return plan
• Investors are weighing a copper-led growth pitch against weaker coal pricing and softer energy-trading profits
• Next focus is progress on planned disposals and timing of June/September cash distributions

Glencore shares in London were up 0.04% at 505.2 pence on Friday, with prices delayed by 10 minutes, after the miner and commodities trader laid out a $2 billion shareholder return and pointed to a stronger second half in its industrial business. (Glencore)

The stock is trying to find a level after a busy midweek stretch: results,…