Barclays (GB:BARC) has released an update.
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Barclays PLC has repurchased over 1.8 million of its own shares from Citigroup Global Markets Limited, a move that is part of its ongoing buy-back program initiated in August 2024. The shares were bought back at prices ranging between 257.15p and 260.40p, with the intention of canceling them. This buy-back reduces Barclays’ overall share count, potentially enhancing shareholder value by increasing earnings per share.
For further insights into GB:BARC stock, check out TipRanks’ Stock Analysis page.