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Glencore doubles share buyback programme

Glencore (LSE:GLEN) has doubled the size of its share buy-back programme by adding another US$1 billion and extended the deadline to February 20, 2019.

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Glencore is now planning to buy back $2 billion in shares

The original programme announced in July was for $1 billion and was set to close on December 31.

The new deadline is a day before the company's full-year 2018 results are due to be released.