Barclays (GB:BARC) has released an update.
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Barclays PLC has announced the purchase and cancellation of 1,815,740 ordinary shares at an average price of 258.8476p as part of its ongoing buy-back program. This move is part of a broader effort by Barclays to reduce its share count, with a total of 300,429,510 shares repurchased since August. The share cancellation is expected to impact the company’s issued share capital, now consisting of over 14.4 billion shares.
For further insights into GB:BARC stock, check out TipRanks’ Stock Analysis page.
