Last checked at 5 Dec 2023 13:58
Glencore plc
Baar, Switzerland
5 December 2023
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 50,000,000 treasury shares.
Following this action, as of opening of dealings today, the total number of ordinary shares in treasury was 1,302,043,041, representing approximately 9.61.% of the Company's total issued share capital.
In accordance with Listing Rule 12.6.4, the Company discloses the following information:
Date of cancellation | 5 December 2023 |
Number of treasury shares cancelled | 50,000,000 |
Total number of issued ordinary shares following the cancellation | 13,550,000,000 |
Total number of treasury shares following the cancellation | 1,302,043,041, |
Total number of ordinary shares less treasury shares | 12,247,956,959 |
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 |
Nicola Leigh | t: +41 41 709 27 55 | m: +41 79 735 39 16 | nicola.leigh@glencore.com |
Lionel Mateo | t: +41 41 709 28 47 | m: +41 79 152 09 05 | lionel.mateo@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 around 140,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 40 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 recognise our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement by decarbonising our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a 2019 baseline, we are committed to reducing our Scope 1, 2 and 3 industrial emissions by 15% by the end of 2026, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050. For more detail see our 2022 Climate Report on the publication page of our website at glencore.com/publications.
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Disclaimer 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.