Glencore buys back stock for CHF 21.22 million under UBS deal

Bitget2026/10/02 07:10

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Glencore bought back 3,480,000 shares off-market from UBS on Oct. 1 at a gross price of CHF 6.0968 each.
UBS received CHF 3.9629 per share net, following a 35% Swiss withholding tax deduction from the gross price.
The shares will be cancelled, leaving 11,726,899,492 shares outstanding, with 1,265,485,108 shares held in treasury.
The buyback forms part of a program launched Sept. 10, targeted for completion by February 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Glencore plc published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604202), on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Glencore buys back stock for CHF 21.22 million under UBS deal

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