Glencore plc Announces Share Repurchase on London Stock Exchange

Strategic Insights -

Glencore plc has announced its purchase of 3,250,000 ordinary shares on the London Stock Exchange from Citigroup Global Markets Limited on 06 June 2025. The shares were bought at various prices between 287.25p and 293.70p, with an aggregate volume weighted average price of 290.18p. This purchase is part of the company's existing buy-back program, which aims to be completed by 6 August 2025, as announced on 19 February 2025.

Key Takeaways:

  • Glencore plc has repurchased 3,250,000 ordinary shares on the London Stock Exchange from Citigroup Global Markets Limited on 06 June 2025.
  • The shares were bought at a lowest price of 287.25p and a highest price of 293.70p, with an aggregate volume weighted average price of 290.18p.
  • The repurchased shares will be held in the company's treasury.
  • Following this transaction, the company holds 1,277,288,041 ordinary shares in treasury and has 11,947,711,959 ordinary shares in issue (excluding treasury shares).
  • The total number of voting rights is 11,947,711,959.
  • These share purchases are part of the company's existing buy-back program, which is expected to be completed by 6 August 2025, as announced on 19 February 2025.
  • The program is sponsored by Absa Corporate and Investment Bank, a division of Absa Bank Limited.
  • The trading venue with the highest volume was the London Stock Exchange, with 2,250,000 shares purchased at a volume weighted average price of 290.14p.

Statistics:

  • 3,250,000 ordinary shares were purchased by Glencore plc from Citigroup Global Markets Limited on 06 June 2025.
  • The average price paid per share was 290.18p.
  • The total amount spent on the share purchase was not disclosed.
  • The company currently holds 1,277,288,041 ordinary shares in treasury.
  • The company has 11,947,711,959 ordinary shares in issue (excluding treasury shares).
  • The total number of voting rights is 11,947,711,959.
  • The trading venue with the highest volume was the London Stock Exchange, with 2,250,000 shares purchased.

Sources:

  • Glencore plc, "TRANSACTIONS IN OWN SHARES," 06 June 2025.
  • Absa Corporate and Investment Bank, "Buy-Back Programme Announcement," 19 February 2025.