Glencore Ex-CEO Glasenberg Buys Shares for First Time Since 2015
Ivan Glasenberg
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
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.