Glencore Completes Share Buy-Back Purchase

Glencore plc, a leading commodities player, has purchased 2 million ordinary shares from UBS AG, marking the latest move in its ongoing buy-back program. The shares were acquired on August 7, 2025, within a price range of APS2.7535 to APS2.8300 per share, with an average price of APS2.7929. This transaction brings the company's total treasury shares to 1.27 billion, affecting the total number of shares in issue, which stands at 11.91 billion, including voting rights.

Key Takeaways:

• Glencore has repurchased 2 million ordinary shares from UBS AG, London Branch, within the price range of APS2.7535 to APS2.8300 per share.
• The average price of the shares was APS2.7929, and the transaction was conducted on August 7, 2025.
• The repurchased shares will be held in treasury, bringing Glencore's total treasury shares to 1.27 billion.
• The total number of shares in issue, excluding treasury shares, is 11.91 billion, with 11.91 billion voting rights.
• The share buy-back is part of Glencore's existing program, which was initiated on July 7, 2025, and is slated for completion in February 2026.
• The transactions were conducted over several trading venues, including the London Stock Exchange, BATS, Chi-X, and Aquis.
• Glencore's strategic move adheres to Market Abuse Regulation guidelines and aims to enhance shareholder value through its structured buy-back program.

Statistics:

• 2 million ordinary shares were repurchased from UBS AG, London Branch.
• The share price range was between APS2.7535 and APS2.8300 per share.
• The average purchase price was APS2.7929 per share.
• Total treasury shares now stand at 1.27 billion.
• The total number of shares in issue, including voting rights, is 11.91 billion.

Sources:

• "Glencore PLC : Notice of acquisition of own shares" (JSE)
• "Glencore PLC: Share Buy-Back Programme" (JSE)
• Market Abuse Regulation guidelines (European Commission)
• FCA's Disclosure Guidance and Transparency Rules (Financial Conduct Authority)