Glencore plc Purchases 3.5 Million Own Shares on London Stock Exchange

Glencore plc has announced the purchase of 3.5 million of its own ordinary shares on the London Stock Exchange, a move that is part of the company's existing buy-back programme. According to the announcement, the company acquired the shares from Citigroup Global Markets Limited on May 9, 2025, at a volume weighted average price of 255.68p per share, ranging from 253.85p to 257.95p per share. The total number of shares repurchased by Glencore plc now stands at 1,290,538,041, with 12,009,461,959 ordinary shares in issue (excluding treasury shares).

Key Takeaways:

Glencore plc has purchased 3.5 million of its own ordinary shares on the London Stock Exchange from Citigroup Global Markets Limited.
The purchase was made at a volume weighted average price of 255.68p per share, ranging from 253.85p to 257.95p per share.
The company has a total of 1,290,538,041 shares held in treasury, with 12,009,461,959 ordinary shares in issue (excluding treasury shares).
This move is part of the company's existing buy-back programme, which is expected to be completed by August 6, 2025.
The company is required to report this information in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation).
The transaction details are as follows: Shares purchased: Glencore plc (ISIN: JE00B4T3BW64), Date of purchases: May 9, 2025, Investment firm: Citigroup Global Markets Limited, Sponsor: Absa Corporate and Investment Bank, a division of Absa Bank Limited.

Statistics:

Aggregate number of ordinary shares of USD 0.01 each purchased: 3,500,000
Volume weighted average price paid per share (GBP): 255.68p
Lowest price paid per share (GBP): 253.85p
Highest price paid per share (GBP): 257.95p
Total number of shares held in treasury: 1,290,538,041
Total number of ordinary shares in issue (excluding treasury shares): 12,009,461,959

Sources:

Johannesburg Stock Exchange, "Company Announcement: Glencore plc" (May 12, 2025)
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