Glencore announces USD 3.5m share buyback

Glencore (JSE:GLN) announced today that it has purchased 3,500,000 of its ordinary shares, each with a nominal value of USD 0.01. The shares were repurchased on the London Stock Exchange through Citigroup Global Markets Limited. The lowest price paid per share was GBP 250.50p, the highest price was GBP 257.60p, and the volume weighted average price paid was GBP 254.58p. Following the transaction, Glencore holds 1,240,538,041 ordinary shares in treasury and has 12,059,461,959 ordinary shares in issue (excluding treasury shares). These share purchases are part of an existing buy-back program expected to conclude by August 6, 2025. A breakdown of the aggregated purchases is as follows: London Stock Exchange (2,500,000 shares), BATS (750,000 shares), and Chi-X (250,000 shares).