Glencore announces share buyback on London Stock Exchange

Glencore plc (JSE: GLN) announced today, May 8, 2025, that it has purchased 3,500,000 of its ordinary shares with a nominal value of USD 0.01 each on the London Stock Exchange through Citigroup Global Markets Limited. The shares were bought at a volume weighted average price of GBP 251.13p. The highest price paid per share was GBP 255.75p, and the lowest price was GBP 247.20p. Following this transaction, Glencore holds 1,283,538,041 ordinary shares in treasury and has 12,016,461,959 ordinary shares in issue, excluding treasury shares. The buyback is part of an existing program expected to conclude by August 6, 2025. The transactions occurred across three trading venues: London Stock Exchange (2,500,000 shares at GBP 251.13p), BATS (750,000 shares at GBP 251.13p), and Chi-X (250,000 shares at GBP 251.15p). Absa Corporate and Investment Bank is the sponsor for these transactions.