Glencore continues share buyback program with latest repurchase

Glencore plc announced on December 15, 2025, a transaction involving the purchase of its own ordinary shares from UBS AG. On December 12, 2025, the company acquired 7,861,295 shares. The gross price paid per share was CHF 4.0614, while the net price after a 35% Swiss withholding tax deduction was CHF 2.6399.

These shares are being purchased for cancellation. Following this transaction and subsequent cancellation, Glencore will have 11,750,155,559 shares in issue, representing the total number of voting rights. The company's treasury shares remain unchanged at 1,268,109,041.

This share repurchase is part of Glencore's existing buyback program, which commenced on July 7, 2025, and is expected to conclude by the release of its 2025 financial results in February 2026. The off-market purchases are conducted under the company's general authority to purchase shares and a shareholder-approved buyback contract with UBS dated July 17, 2025.