Barclays Advances Capital-Return Drive With Further Share Buybacks and Cancellations

The latest update is out from Barclays ( (GB:BARC) ).

Barclays PLC has continued its share buyback programme, repurchasing and cancelling a total of 26.8 million ordinary shares between 20 and 24 April 2026 on the London Stock Exchange via J.P. Morgan Securities. The purchases were made at volume-weighted average prices ranging from about 422.9p to 443.1p per share, with all repurchased shares to be cancelled.

Following this latest tranche of buybacks, Barclays’ issued share capital will stand at 13,657,205,299 ordinary shares with voting rights and no shares held in treasury. The reduced share count, which brings total buybacks since 10 February 2026 to 190.8 million shares, provides a new reference for disclosure thresholds and underlines the bank’s ongoing capital-return strategy to shareholders.

The most recent analyst rating on (GB:BARC) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on Barclays stock, see the GB:BARC Stock Forecast page.

Spark’s Take on BARC Stock

According to Spark, TipRanks’ AI Analyst, BARC is a Neutral.

The score is driven primarily by solid but cyclical financial performance (improving profitability and strong 2024–2025 cash conversion, tempered by higher leverage and revenue softness). Constructive earnings-call guidance and capital return plans support the outlook, while weak near-term technical momentum materially drags the overall score; valuation is supportive with a low P/E but only a modest dividend yield.

To see Spark’s full report on BARC stock, click here.

More about Barclays

Barclays PLC is a major UK-based financial services group operating primarily in banking and investment services. The group provides retail and commercial banking, credit cards, investment banking and wealth management, with a strong presence in the London market and international financial centres.

Average Trading Volume: 63,637,113

Technical Sentiment Signal: Buy

Current Market Cap: £57.95B

Learn more about BARC stock on TipRanks’ Stock Analysis page.