Glencore ex-CEO Glasenberg buys shares for first time since 2015
Glencore’s former chief executive officer and largest shareholder Ivan Glasenberg added to his stake for the first time in a decade after a share-price rout triggered by Donald Trump’s sweeping tariffs. Glasenberg’s shareholding in the miner and commodity trader rose to 1.219-billion shares — worth $3.7-billion at current prices — according to a regulatory filing. That represents an increase of about 7.4-million shares from the level detailed in Glencore’s annual report last month.
Glencore’s former chief executive officer and largest shareholder Ivan Glasenberg added to his stake for the first time in a decade after a share-price rout triggered by Donald Trump’s sweeping tariffs.
Glasenberg’s shareholding in the miner and commodity trader rose to 1.219-billion shares — worth $3.7-billion at current prices — according to a regulatory filing. That represents an increase of about 7.4-million shares from the level detailed in Glencore’s annual report last month.
