Glencore repurchases 3.25m shares in buyback program

Glencore plc (JSE:GLN) announced today that it purchased 3,250,000 of its ordinary shares of USD 0.01 each on the London Stock Exchange from Citigroup Global Markets Limited. The shares were bought at a volume weighted average price of GBP 267.86p, with individual trades executed across various venues. Specifically, 2,250,000 shares were purchased on the London Stock Exchange, 750,000 on BATS, and 250,000 on Chi-X. The highest price paid per share was GBP 270.40p, and the lowest price paid was GBP 265.55p. Following this transaction, Glencore holds 1,241,538,041 ordinary shares in treasury, with 11,983,461,959 ordinary shares in issue (excluding treasury shares). This share repurchase is part of Glencore’s existing buy-back program, which is expected to conclude by 6 August 2025.