Glencore Completes Share Buyback, Updates Treasury Holdings

Strategic Insights -

Glencore plc has purchased 900,000 ordinary shares as part of its ongoing buyback program, bringing the total treasury shares to 1,296,909,041. The shares were acquired at prices ranging from APS3.0805 to APS3.1320 per share, with a volume-weighted average price of APS3.1032. This transaction is part of the second phase of Glencore's existing buyback program, slated for completion in February 2026. The company will hold the repurchased shares in treasury, with the total number of shares in issue, excluding treasury shares, standing at 11,928,090,959.

Key Takeaways:

  • Glencore has completed its share buyback, purchasing 900,000 ordinary shares at prices ranging from APS3.0805 to APS3.1320 per share, with a volume-weighted average price of APS3.1032.
  • The repurchased shares will be held in treasury, increasing the company's total treasury shares to 1,296,909,041.
  • The total number of shares in issue, excluding treasury shares, stands at 11,928,090,959, representing the total number of voting rights for shareholders.
  • This share buyback is part of the second phase of Glencore's existing program, slated for completion in February 2026.
  • The transaction was distributed across multiple trading venues, including the London Stock Exchange, BATS, Chi-X, and Aquis, with corresponding average prices and volumes of 560,000, 135,000, 135,000, and 70,000 shares respectively.
  • This buyback is subject to the Market Abuse Regulation and falls under the designated market category of Glencore's buyback program.
  • Shareholders are advised to update their records and consider the implications of this buyback on their holdings, given the adjustments in voting rights and share distribution.

Statistics:

  • 900,000 ordinary shares purchased by Glencore at prices ranging from APS3.0805 to APS3.1320 per share, with a volume-weighted average price of APS3.1032.
  • Total treasury shares increased to 1,296,909,041.
  • Total number of shares in issue, excluding treasury shares, stands at 11,928,090,959, representing the total number of voting rights.
  • 560,000 shares traded on the London Stock Exchange, with an average price of APS3.1032.
  • 135,000 shares traded on BATS, with an average price of APS3.1032.
  • 135,000 shares traded on Chi-X, with an average price of APS3.1032.
  • 70,000 shares traded on Aquis, with an average price of APS3.1032.

Sources:

  • Johannesburg Stock Exchange (JSE)
  • London Stock Exchange
  • Glencore plc's announcement on July 14, 2025