Barclays (GB:BARC) has released an update.
Barclays PLC has repurchased and cancelled over 3.5 million of its ordinary shares as part of its ongoing buy-back program, aiming to enhance shareholder value. This recent transaction, conducted with Citigroup Global Markets Limited, reflects a continued effort to optimize the company’s capital structure. The share buy-back program, initiated in August 2024, has so far acquired a total of 210 million shares on the London Stock Exchange.
For further insights into GB:BARC stock, check out TipRanks’ Stock Analysis page.