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Barclays ( (GB:BARC) ) has issued an announcement.
Barclays PLC has announced the repurchase and cancellation of over 5 million of its ordinary shares as part of a buy-back program. This move is expected to reduce the total number of shares in circulation, allowing shareholders to adjust their stakes and maintain compliance with regulatory guidelines, potentially impacting share value positively.
More about Barclays
Barclays PLC is a major player in the financial services industry, primarily offering banking and financial services. The company is focused on providing a range of services including retail banking, credit cards, corporate banking, and wealth management, catering to both individual and business clients worldwide.
YTD Price Performance: 9.86%
Average Trading Volume: 42,240,271
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £42.43B
For an in-depth examination of BARC stock, go to TipRanks’ Stock Analysis page.
