Barclays (GB:BARC) has released an update.
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Barclays PLC has repurchased over 3.2 million of its own shares from Citigroup Global Markets Limited, as part of its ongoing buy-back program. This move is aimed at reducing the total number of shares in circulation, which now stands at approximately 14.4 billion shares. The buy-back initiative reflects Barclays’ strategy to return value to shareholders and adjust its capital structure.
For further insights into GB:BARC stock, check out TipRanks’ Stock Analysis page.