JEFFERIES said once South32 completes the sale of its aluminum-related assets to Alcoa, excluding the idle Mozal smelter, the company is likely to accelerate capital-management measures. These could include larger share buybacks and JEFFERIES does no

2026-07-01

JEFFERIES said once South32 completes the sale of its aluminum-related assets to Alcoa, excluding the idle Mozal smelter, the company is likely to accelerate capital-management measures. These could include larger share buybacks and JEFFERIES does not rule out a more aggressive external M&A expansion strategy.