Glencore announces share repurchase program

Glencore plc (JSE:GLN) has announced the purchase of 3,500,000 of its ordinary shares for USD 0.01 each on April 17, 2025. The shares were acquired on the London Stock Exchange through Citigroup Global Markets Limited. The lowest price paid per share was GBP 253.65p, and the highest price was GBP 259.90p, with a volume-weighted average price of GBP 256.07p. Following the transaction, Glencore holds 1,244,038,041 ordinary shares in treasury and has 12,055,961,959 ordinary shares in issue. These share purchases are part of Glencore's existing buy-back programme, expected to conclude by August 6, 2025. The purchases occurred across three trading venues, with 2,500,000 shares acquired on the London Stock Exchange (GBP 256.07p), 750,000 on BATS (GBP 256.07p), and 250,000 on Chi-X (GBP 256.09p).