Business
Transaction in Own Shares
Glencore PLC has purchased 8,400,000 of its own ordinary shares from UBS AG on January 8, 2026, as part of its ongoing buy-back program. The transaction involved a gross price of CHF 4.5472 per share, with Swiss withholding tax of 35% deducted, resulting in a net price of CHF 2.9557 per share for UBS. This purchase, which is for cancellation, will reduce the total number of shares in issue to 11,735,355,559. The buy-back program, which commenced on July 7, 2025, is expected to conclude by the release of the 2025 financial results in February 2026. Disclaimer*
About this update from Glencore Plc
[{"type":"text","content":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n09 January 2026\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTransaction in own shares\n\n\n\n\nGlencore plc (the Company) announces the details of a purchase of its ordinary shares (Shares) from UBS AG (UBS).\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nDate of purchase:\n\n\n\n\n\n08 January 2026\n\n\n\n\nNumber Shares purchased:\n\n\n\n\n\n8,400,000\n\n\n\n\nGross price paid per Share (CHF):\n\n\n\n\n\nCHF 4.5472\n\n\n\n\nNet price paid per Share (CHF):\n\n\n\n\n\nCHF 2.9557\n\n\n\n\nIndicative gross price paid per Share (GBP):\n\n\n\n\n\n£4.2363\n\n\n\n\nThe purchase price was paid in Swiss francs. A purely indicative GBP price per share is shown for information. Swiss withholding tax (SWT) at 35% was deducted by the Company from the gross price so that UBS received the net price. The Company shall separately pay the SWT it deducted to the Swiss Tax Authorities.\n\n\n\n\nThe Company purchases the Shares for cancellation. Following this transaction (and cancellation upon settlement), the Company will have 11,735,355,559 Shares in issue (excluding treasury Shares held in treasury), which corresponds to the total number of voting rights. It will also hold 1,268,109,041 Shares in treasury (which is unchanged).\n\n\n\n\nThis off-market Share purchase forms part of the Company's existing buy-back programme which commenced on 7 July 2025 and is expected to be completed by the time of the release of its financial results for the 2025 year in February 2026. The off-market purchases within this buyback programme will be effected in accordance with the Company's general authority to purchase Shares off-market and the shareholder approved buyback contract with UBS dated 17 July 2025 (the Contract).\n\n\n\n\nDetails of the related purchases made by UBS AG of the relevant shares, for its own account, in connection with the buy-back programme on an aggregated basis in respect of each applicable trading venue, as well as detailed information of the individual trades, are set out in the table linked below. Both the volume-weighted average prices quoted under \"Aggregated information (purchases)\" and the individual trade prices under \"Individual trade details (purchases)\" were...