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Glencore announces share buyback on London Stock Exchange

May 7, 2025 at 09:00 PM UTCBy FilingReader AI

Glencore plc (JSE:GLN) announced today that it has purchased 3,500,000 of its own ordinary shares on the London Stock Exchange through Citigroup Global Markets Limited. The shares, each with a nominal value of USD 0.01, were bought at a volume-weighted average price of GBP 246.36p. The lowest price paid was GBP 244.05p, and the highest price was GBP 250.00p. Following this transaction, Glencore holds 1,280,038,041 ordinary shares in treasury and has 12,019,961,959 ordinary shares in issue (excluding treasury shares). This buyback is part of an existing programme expected to be completed by August 6, 2025, and initially announced on February 19, 2025. The purchased shares were acquired across three trading venues: the London Stock Exchange (2,500,000 shares at GBP 246.37p), BATS (750,000 shares at GBP 246.35p) and Chi-X (250,000 shares at GBP 246.32p). Absa Corporate and Investment Bank is acting as the sponsor for the share buyback program.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

JSE:GLNJohannesburg Stock Exchange
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