Glencore Advances Share Buy-Back Program with UBS Transaction

An update from Glencore ( (GB:GLEN) ) is now available.

Glencore PLC has announced a transaction involving the purchase of 9.3 million of its own shares from UBS AG as part of its ongoing share buy-back program. The shares were purchased at a net price of CHF 2.1059 per share, with the transaction being part of a strategy to reduce the number of shares in circulation, thus potentially increasing shareholder value. This buy-back program, initiated in July 2025, is expected to conclude by February 2026 and aligns with Glencore’s strategic financial management to optimize its capital structure.

The most recent analyst rating on (GB:GLEN) stock is a Buy with a £470.00 price target. To see the full list of analyst forecasts on Glencore stock, see the GB:GLEN Stock Forecast page.

Spark’s Take on GB:GLEN Stock

According to Spark, TipRanks’ AI Analyst, GB:GLEN is a Neutral.

Glencore’s overall stock score reflects a balanced view of its financial performance, technical analysis, valuation, earnings call insights, and corporate events. The company’s strong operating cash flows and strategic initiatives like share buy-backs are positive, but profitability challenges and increased leverage weigh on the score.

To see Spark’s full report on GB:GLEN stock, click here.

More about Glencore

Glencore PLC is a leading company in the mining and commodities trading industry. It primarily focuses on the production and marketing of metals and minerals, energy products, and agricultural products. The company operates globally, serving a wide range of industries including automotive, steel, power generation, and food processing.

Average Trading Volume: 42,890,348

Technical Sentiment Signal: Sell

Current Market Cap: £35.6B

See more insights into GLEN stock on TipRanks’ Stock Analysis page.