LONDON (ShareCast) - After recent results came in slightly ahead of consensus forecasts at Glencore, independent non-executive director Patrice Merrin has dipped into her pocket to buy shares in the company.

Merrin bought 40,000 at a price of 361.04p per share, costing her £144,416.

Last week Glencore's first-half net income of US$2.0bn beat consensus of $1.95bn. The company also announced a share buyback to the end of March 2015, which should help the shares in coming months.

Broker Liberum said it was a "decent result" that had been driven by the marketing business performing as its should and agriculture finally benefitting from the integration of Viterra.

Analysts said the "small buyback of $1bn" was less than the market consensus "but at least something".

Top Director Buys

Norsk Hydro ASA (NHY)
Director name: Mr Dag Mejdell
Amount purchased: 10,000 @ Nk36.64
Value: Nk366,400

Glencore (GLEN)
Director name: Ms Patrice Merrin
Amount purchased: 40,000 @ 361.04p
Value: £144,416

Top Director Sells

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 6,800 @ 2,534.00p
Value: £172,312

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 5,000 @ 2,543.00p
Value: £127,150

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 5,000 @ 2,536.00p
Value: £126,800

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 2,700 @ 2,544.00p
Value: £68,688

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 2,500 @ 2,542.00p
Value: £63,550

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 2,500 @ 2,541.00p
Value: £63,525

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 2,500 @ 2,540.00p
Value: £63,500

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 2,500 @ 2,535.00p
Value: £63,375

First Quantum Minerals Ltd. (FQM)
Director name: Mr Peter St. George
Amount sold: 2,500 @ 2,528.00p
Value: £63,200

Henry Boot (BHY)
Director name: Mr John T Sutcliffe
Amount sold: 10,000 @ 204.00p
Value: £20,400

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