Anglo American (AAL)

Sector:

Mining

Index:

FTSE 100

2,717.00p
   
  • Change Today:
    -83.00p
  • 52 Week High: 3,444.00
  • 52 Week Low: 2,354.50
  • Currency: UK Pounds
  • Shares Issued: 1,346.19m
  • Volume: 3,823,780
  • Market Cap: £36,576m
  • RiskGrade: 209
  • Beta: 2.26

Anglo American to return $2bn to shareholders as profit soars

By Sean Farrell

Date: Thursday 29 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Anglo American said it would return $2bn to shareholders as the miner reported a 1,000% increase in first-half profit spurred by rising demand and prices.
Profit attributable to shareholders rose to $5.19bn in the six months to the end of June from $471m a year earlier as revenue jumped 114% to $21.78bn. Anglo American increased its interim dividend by 511% to $1.71 a share.

The FTSE 100 group said it would pay out a further $2bn to shareholders, split equally between £1bn share buyback and a special cash dividend. In total the company will return $4.1bn to shareholders for the first half.

Mark Cutifani, Anglo American's chief executive, said: "The first six months of 2021 have seen strong demand and prices for many of our products as economies begin to recoup lost ground, spurred by stimulus measures across the major economies.

"We will return an additional $2bn to shareholders, split equally between a special cash dividend and a share buyback, recognising the different preferences of our shareholders, amounting to a $4.1bn total cash return for the half year."

Anglo American shares rose 3.6% to £32.39 at 08:27 BST. The shares have gained 27% in 2021.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Anglo American Market Data

Currency UK Pounds
Share Price 2,717.00p
Change Today -83.00p
% Change -2.96 %
52 Week High 3,444.00
52 Week Low 2,354.50
Volume 3,823,780
Shares Issued 1,346.19m
Market Cap £36,576m
Beta 2.26
RiskGrade 209

Anglo American Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average99.49% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
7.06% above the market average7.06% above the market average7.06% above the market average7.06% above the market average7.06% above the market average
40.15% above the sector average40.15% above the sector average40.15% above the sector average40.15% above the sector average40.15% above the sector average
Income
93.98% above the market average93.98% above the market average93.98% above the market average93.98% above the market average93.98% above the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average
Growth
8.63% above the market average8.63% above the market average8.63% above the market average8.63% above the market average8.63% above the market average
70% below the sector average70% below the sector average70% below the sector average70% below the sector average70% below the sector average

What The Brokers Say

Strong Buy 13
Buy 2
Neutral 4
Sell 0
Strong Sell 2
Total 21
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Anglo American Dividends

  Latest Previous
  Special Interim
Ex-Div 19-Aug-21 19-Aug-21
Paid 24-Sep-21 24-Sep-21
Amount 80.00¢ 171.00¢

Trades for 03-Dec-2021

Time Volume / Share Price
16:44 1,436 @ 2,717.00p
16:35 1,172,771 @ 2,717.00p
16:29 342 @ 2,708.00p
16:29 37 @ 2,709.00p
16:29 230 @ 2,709.00p

Anglo American Key Personnel

CEO Mark Cutifani
Finance Director Stephen Pearce
Chair Stuart J Chambers

Top of Page