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The latest announcement is out from Barclays ( (GB:BARC) ).
Barclays PLC announced the acquisition of shares by its Non-Executive Directors and Group Chairman as part of their compensation policy. This policy involves using a portion of the directors’ fees to purchase shares, which are retained until they leave the board, aligning their interests with those of shareholders. The transactions were conducted on the London Stock Exchange, and this approach aims to enhance stakeholder alignment and strengthen corporate governance by ensuring that directors have a vested interest in the company’s performance.
More about Barclays
Barclays PLC is a global financial services company headquartered in London, United Kingdom. It operates in the banking and financial services industry, offering a wide range of services, including retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management. Barclays primarily serves individual clients, businesses, institutions, and governments across various markets.
YTD Price Performance: 13.52%
Average Trading Volume: 42,022,805
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £43.83B
Learn more about BARC stock on TipRanks’ Stock Analysis page.
