Barclays (GB:BARC) has released an update.
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Barclays PLC has announced the repurchase and cancellation of over 3.3 million of its own shares from Citigroup Global Markets Limited as part of an ongoing buy-back program. This move is aimed at reducing the company’s share capital, with a total of 288 million shares repurchased since August 2024. The buy-back is part of Barclays’ strategy to return value to shareholders and manage its capital structure.
For further insights into GB:BARC stock, check out TipRanks’ Stock Analysis page.
