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Barclays ( (GB:BARC) ) has provided an announcement.
Barclays PLC announced the repurchase of 2,871,846 of its ordinary shares on the London Stock Exchange, as part of its ongoing buy-back program initiated on 14 February 2025. This move is expected to reduce the company’s share capital to 14,406,016,158 shares and could potentially enhance shareholder value by decreasing the number of shares in circulation.
More about Barclays
Barclays PLC is a major player in the financial services industry, providing a range of products such as retail and investment banking, credit cards, and wealth management services. The company operates primarily in the UK and US markets, aiming to maintain a strong market position through strategic financial maneuvers.
YTD Price Performance: 14.10%
Average Trading Volume: 41,812,787
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £44.36B
For an in-depth examination of BARC stock, go to TipRanks’ Stock Analysis page.