Glencore announces $1 billion share buyback-February 2024-www.financetom.com

Glencore announces $1 billion share buyback

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Glencore announces $1 billion share buyback

Jul 2, 2025 9:12 AM

July 2 (Reuters) - Glencore ( GLCNF ) said on Wednesday

it will buy back shares worth $1 billion starting next week

following the merger of global agribusiness Bunge Global ( BG )

with its grain handler Viterra.

The miner, which will hold 16.4% of the enlarged company and

$900 million in cash, considers NYSE-listed Bunge shares as

surplus capital.

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