RNS Number : 9063X
Glencore PLC
20 February 2025
 

 

 

Glencore plc

Baar, Switzerland

20 February 2025

 

Cancellation of Treasury Shares

 

In line with the Company's policy to maintain its number of treasury shares below 10% of total issued share capital from time to time, the Company announces today the cancellation of 100,000,000 treasury shares.

Following this action, as of opening of dealings today, the total number of ordinary shares in treasury was 1,259,288,041, representing approximately 9.29% of the Company's total issued share capital. This, and the numbers below, include the 10,000,000 shares purchased by the Company yesterday.

In accordance with UK Listing Rule 9.8.2, the Company discloses the following information:

Date of cancellation

20 February 2025

Number of treasury shares cancelled

100,000,000

Total number of issued ordinary shares following the cancellation

13,450,000,000

Total number of treasury shares following the cancellation

1,259,288,041

Total number of ordinary shares less treasury shares

12,190,711,959

 

For further information please contact:

Investors

Martin Fewings

t: +41 41 709 28 80

m: +41 79 737 56 42

martin.fewings@glencore.com

Media

Charles Watenphul

t: +41 41 709 24 62

m: +41 79 904 33 20

charles.watenphul@glencore.com

Company Secretarial

John Burton

t: +41 41 709 26 19

m: +41 79 944 54 34

john.burton@glencore.com

 

www.glencore.com

Glencore LEI: 2138002658CPO9NBH955

Notes for Editors

Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.

 

With over 150,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.

 

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

 

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.

 

We will support the global effort to achieve the goals of the Paris Agreement through our efforts to decarbonise our own operational footprint. For more information see our 2024-2026 Climate Action Transition Plan, available on our website at glencore.com/publications.

 

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Important Information

This material does not purport to contain all of the information you may wish to consider. For further important information, including in connection with forward-looking statements and other cautionary information, refer to the Important notice section of Glencore's 2024 Half Year Report, which is available at glencore.com/publications. This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities.

 

Other information
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, "Glencore", "Glencore group" and "Group" are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies. Likewise, the words "we", "us" and "our" are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

 

 

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