Barclays (GB:BARC) has released an update.
Barclays PLC has actively repurchased and plans to cancel 5,693,430 of its own shares, acquired at prices ranging from 213.9500p to 219.8000p, with an overall average cost of 217.2226p per share. This move is part of its ongoing share buy-back program, initiated on August 5, 2024, which has seen the company buy back over 110 million shares to date. The cancellation of these shares will reduce the total number of Barclays’ ordinary shares with voting rights, sharpening the value for remaining shareholders.
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