Glencore announces share buyback: 3.5m shares purchased

Glencore (JSE:GLN) announced today that it has purchased 3,500,000 of its ordinary shares, each with a value of USD 0.01. The shares were bought on the London Stock Exchange through Citigroup Global Markets Limited. The lowest price paid per share was GBP 246.85p, while the highest price reached GBP 260.55p. The volume-weighted average price was GBP 251.97p. Following the transaction, Glencore holds 1,226,538,041 ordinary shares in treasury, with 12,073,461,959 ordinary shares in issue. The buyback is part of an existing program expected to conclude by August 6, 2025. The purchases were executed across three venues: the London Stock Exchange (2,500,000 shares at GBP 251.92p), BATS (750,000 shares at GBP 252.07p), and Chi-X (250,000 shares at GBP 252.14p).