Corporate News 26 February 2026 - 6 April 2026

Glencore plc Faces New Mount Isa Test as Jervois Copper Project May Bypass Smelter

Glencore plc Faces New Mount Isa Test as Jervois Copper Project May Bypass Smelter

Developers of the Jervois copper project are considering refining options that could bypass Glencore’s Mount Isa smelter, the Australian Financial Review reported Monday. The move comes after KGL Resources signed a US$300 million streaming deal to fund Jervois and as Mount Isa faces feed shortages following the 2025 closure of its main mine. Glencore relies on outside concentrate and government support to keep the smelter running.
April 6, 2026
NatWest Group Plc strikes new Sainsbury’s Nectar banking deal with savings, loans and card

NatWest Group Plc strikes new Sainsbury’s Nectar banking deal with savings, loans and card

NatWest Group and Sainsbury’s will launch new financial products for Sainsbury’s customers, including instant-access savings, unsecured loans, and a NatWest Nectar credit card, starting in the second half of 2026. The move follows NatWest’s 2025 acquisition of Sainsbury’s Bank’s core portfolios and will offer Nectar-linked benefits through Sainsbury’s digital channels using NatWest Boxed.
April 1, 2026
BP PLC CEO Meg O’Neill Promises Consistency as Debt Reset Faces First Test (Reuters)

BP PLC CEO Meg O’Neill Promises Consistency as Debt Reset Faces First Test (Reuters)

Meg O’Neill, BP’s first external and first female CEO, pledged “clear direction and consistency” as she took over, promising continuity in oil and gas. BP halted share buybacks in February to cut debt and fund projects, with net debt at $22 billion and next results due April 28. O’Neill inherits a weaker balance sheet than rivals. Asset sales have reached $11 billion toward a $20 billion target by 2027.
April 1, 2026
Informa Plc accelerates share buyback, cancels 1.9 million shares as stock stays off highs

Informa Plc accelerates share buyback, cancels 1.9 million shares as stock stays off highs

Informa Plc bought back 1.897 million shares last week for cancellation at an average 756.55 pence each, reducing its share count to 1.274 billion. The company raised its 2026 buyback target to £250 million and reported £4.04 billion in 2025 revenue. Some Middle East events have been delayed to late 2026 due to the Iran war. Shares closed Monday at 745.8 pence, down 25% from November’s high.
March 30, 2026
Prudential plc pushes ahead with buyback as $7 billion return plan takes shape

Prudential plc pushes ahead with buyback as $7 billion return plan takes shape

Prudential plc bought back 379,780 shares on March 27 at an average 10.4349 pounds each, reducing its share count to about 2.53 billion. The repurchase, part of a $1.2 billion buyback program, was executed through JP Morgan on the London Stock Exchange. Shares bought back on the record date will not receive the May 13 dividend. Prudential’s U.S. ADRs fell 1.1% to $27.48 in New York trading.
March 30, 2026
Unilever PLC Food Business Talks With McCormick Enter Critical Week Ahead of Earnings

Unilever PLC Food Business Talks With McCormick Enter Critical Week Ahead of Earnings

Unilever shares opened at 4,500 pence in London as talks continue with McCormick over a possible Foods unit deal that could leave Unilever shareholders with a majority stake. The business, which includes Knorr and Hellmann’s, generated about €2.9 billion in operating profit last year. Barclays values the Foods arm at up to €31 billion including debt. McCormick will report first-quarter results March 31.
March 30, 2026
Barclays PLC Cancels 21.3 Million Shares Ahead of FCA Motor Finance Decision

Barclays PLC Cancels 21.3 Million Shares Ahead of FCA Motor Finance Decision

Barclays bought back 21.3 million shares last week, extending its £1 billion repurchase plan ahead of a key UK motor finance compensation ruling. The Financial Conduct Authority warned consumers not to use claims firms, which could take up to 30% of payouts. Barclays’ share capital will fall to 13.7 billion after cancellation. The bank faces uncertainty over potential compensation costs tied to motor finance commissions.
March 30, 2026
Suncorp Group CEO Steve Johnston Takes Medical Leave, CFO Jeremy Robson Named Acting Chief

Suncorp Group CEO Steve Johnston Takes Medical Leave, CFO Jeremy Robson Named Acting Chief

Suncorp Group CEO Steve Johnston will take temporary medical leave, with CFO Jeremy Robson named acting CEO and Neil Wesley as acting CFO. The leadership change comes as Suncorp prepares to pay its interim dividend and follows a 67% drop in half-year cash earnings after severe weather claims. No return date was given for Johnston. Suncorp shares closed at A$16.42 on Friday, up 0.12%.
March 29, 2026
Aegon 2025 Profit Rises 15% as U.S. Move Gains Pace; AXA XL Names Michael Reynolds to Marine Post

Aegon 2025 Profit Rises 15% as U.S. Move Gains Pace; AXA XL Names Michael Reynolds to Marine Post

Aegon reported a 15% rise in 2025 operating result to 1.7 billion euros and confirmed plans to move its head office to the U.S. and rename as Transamerica Inc. AXA XL named Michael Reynolds as head of marine, UK & Lloyd’s, and global chief underwriting officer for hull, starting in the third quarter. Aegon nominated Marco Keim to a.s.r.’s supervisory board, replacing Lard Friese.
March 27, 2026
Macquarie hires former Ares executive Eli Appelbaum for EMEA lending push as private credit strains deepen

Macquarie hires former Ares executive Eli Appelbaum for EMEA lending push as private credit strains deepen

Macquarie Group has hired Eli Appelbaum from Ares Management to lead its EMEA lending and asset finance business as it expands private credit operations in the region. The firm recently funded AI infrastructure projects, including a €117 million commitment to Polarise’s Munich data center. Macquarie reported less than £50 million exposure to the collapsed UK lender Market Financial Solutions. Industry defaults and fund withdrawals have increased.
March 10, 2026
Lloyds Banking Group plc hires Trusha Pillay as £1.75 billion buyback rolls on ahead of July strategy update

Lloyds Banking Group plc hires Trusha Pillay as £1.75 billion buyback rolls on ahead of July strategy update

Lloyds Banking Group hired Trusha Pillay as managing director in its infrastructure and project finance team, recruiting her from BNP Paribas and MUFG. The bank also bought back 36.9 million shares Monday as part of a £1.75 billion buyback. Lloyds reported 2025 pretax profit of £6.7 billion, up 12%. CEO Charlie Nunn will outline the next strategy phase in July.
March 9, 2026
NatWest snaps up nearly 892,000 shares in fresh buyback as capital returns roll on

NatWest snaps up nearly 892,000 shares in fresh buyback as capital returns roll on

NatWest bought back 891,842 shares on March 5 as part of its ongoing repurchase programme and plans to cancel them, reducing shares in circulation. The bank reported a 24% rise in 2025 pretax profit last month and is expanding into wealth management with the £2.7 billion Evelyn Partners deal. The March 5 buybacks were executed via UBS at average prices around 592–593 pence per share.
March 6, 2026
New Zealand puts Kimberly-Clark’s Kenvue takeover under review — the March 17 deadline to watch

New Zealand puts Kimberly-Clark’s Kenvue takeover under review — the March 17 deadline to watch

New Zealand’s Commerce Commission has launched a competition review of Kimberly-Clark’s planned acquisition of Kenvue, with a decision expected by April 28. Kimberly-Clark has offered to divest Kenvue’s feminine hygiene business in New Zealand and Australia. The Commission set a March 17 deadline for public submissions. Kimberly-Clark shares fell 4.7% in U.S. premarket trading.
March 4, 2026
Reckitt shares slide in London as oil shock rattles markets ahead of March 5 results

Reckitt shares slide in London as oil shock rattles markets ahead of March 5 results

Reckitt Benckiser shares fell 1.3% to 6,428 pence in early London trading, tracking a wider market drop as oil prices surged after a new Middle East conflict escalation. The FTSE 100 slipped 0.8%. Investors await Reckitt’s full-year results and 2026 guidance on March 5. Oil supply concerns and inflation fears weighed on risk appetite across European markets.
March 2, 2026
Bloom Energy (BE) stock drops nearly 9% after CEO share sale filing as inflation jitters hit risk trades

Bloom Energy (BE) stock drops nearly 9% after CEO share sale filing as inflation jitters hit risk trades

Bloom Energy shares fell 8.6% to $154.03 Friday, extending a two-day slide after CEO KR Sridhar sold 200,000 shares earlier in the week at an average of $170. Fuel-cell peers Plug Power and FuelCell Energy also dropped as traders cut exposure amid hotter-than-expected U.S. producer price data and shifting Federal Reserve rate expectations.
February 27, 2026
Corning stock price drops 4% as Citi’s $170 target puts OFC conference in focus

Corning stock price drops 4% as Citi’s $170 target puts OFC conference in focus

Corning shares fell 4.1% to $153.90 by late Thursday morning, reversing after hitting a 52-week high the day before. Citigroup raised its price target to $170 and put Corning on a 30-day “catalyst watch” ahead of the Optical Fiber Communication conference in March. Traders are watching for management comments and updates on AI data-center optical demand. Trading volume neared 9.6 million shares as the Nasdaq dropped 1.3%.
February 26, 2026
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