Barclays (GB:BARC) has released an update.
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Barclays PLC has recently bought back and intends to cancel 3.9 million of its own shares, as part of a share buy-back program that started on August 5, 2024. The shares were acquired through the London Stock Exchange at varying prices, with the company’s total buy-back reaching nearly 120 million shares at an average price. Following the cancellation, Barclays’ issued share capital will be reduced to over 14.6 billion shares with voting rights.
For further insights into GB:BARC stock, check out TipRanks’ Stock Analysis page.
