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.
linkedin.com/company/glencore
x.com/glencore
instagram.com/glencoreplc
facebook.com/glencore
youtube.com/glencorevideos
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.