Glencore Ex-CEO Glasenberg Buys Shares for First Time Since 2015

Ivan Glasenberg

Photographer: Andrey Rudakov/Bloomberg
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Glencore Plc’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.