An announcement from Barclays ( (GB:BARC) ) is now available.
Barclays PLC has announced the repurchase and cancellation of 1,961,000 of its ordinary shares as part of its ongoing buy-back program initiated on 14 February 2025. This move is part of a broader strategy to manage its capital structure and enhance shareholder value, with a total of 46,031,285 shares purchased since the program’s inception. The cancellation of these shares will adjust the company’s issued share capital to 14,377,584,418 ordinary shares, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Barclays
Barclays PLC is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management, and investment management services. The company operates in over 40 countries and is known for its strong presence in the UK and US markets.
YTD Price Performance: 18.19%
Average Trading Volume: 44,311,685
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £44.72B
For a thorough assessment of BARC stock, go to TipRanks’ Stock Analysis page.