Glencore plc shares rose about 3% to 500.45 pence by 0902 GMT on Wednesday after the Swiss-based miner and commodities trader set out a $2 billion shareholder payout with its 2025 results. Adjusted EBITDA — a measure of operating profit before interest, tax and some one-offs — fell 6% to $13.51 billion, above an analysts’ $13.3 billion consensus, and CEO Gary Nagle said “the underlying momentum in H2 was clear.” It comes weeks after rival Rio Tinto abandoned takeover talks.