Barclays ( (GB:BARC) ) has provided an announcement.
Barclays PLC announced the purchase and cancellation of 2,075,000 of its ordinary shares as part of its ongoing buy-back program, initially announced on 14 February 2025. This transaction, conducted through J.P. Morgan Securities plc, reflects Barclays’ strategy to manage its capital structure effectively. Following this cancellation, Barclays’ issued share capital consists of 14,320,823,480 ordinary shares with voting rights. This move is part of a broader buy-back initiative, which has seen the company repurchase 119,741,387 shares at an average price of 298.9876p per share, potentially impacting shareholder value and market perception.
More about Barclays
Barclays PLC is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking, and wealth management. The company operates in over 40 countries and is focused on delivering a range of financial products and services to individuals, businesses, and institutions.
YTD Price Performance: 12.67%
Average Trading Volume: 53,107,188
Technical Sentiment Signal: Sell
Current Market Cap: £42.05B
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