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Barclays ( (GB:BARC) ) has provided an announcement.
Barclays PLC has announced the purchase and cancellation of 2,626,677 of its ordinary shares as part of its ongoing buy-back program, initially announced in February 2025. This move is part of a larger strategy to optimize its capital structure, with the total shares repurchased since the program’s inception reaching 294,502,850. The cancellation of these shares will adjust the company’s issued share capital to 14,156,918,945 ordinary shares, impacting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:BARC) stock is a Buy with a £2.70 price target. To see the full list of analyst forecasts on Barclays stock, see the GB:BARC Stock Forecast page.
Spark’s Take on GB:BARC Stock
According to Spark, TipRanks’ AI Analyst, GB:BARC is a Outperform.
Barclays’ strong financial performance, combined with a favorable valuation and positive technical indicators, supports a robust stock outlook. The strategic initiatives and share buybacks further enhance shareholder value, although challenges in specific segments and economic uncertainties remain.
To see Spark’s full report on GB:BARC stock, click here.
More about Barclays
Barclays PLC is a major player in the financial services industry, offering a wide range of products and services including retail banking, credit cards, corporate and investment banking, and wealth management. The company primarily focuses on the UK and international markets, aiming to deliver comprehensive financial solutions to its clients.
Average Trading Volume: 40,464,009
Technical Sentiment Signal: Buy
Current Market Cap: £47.27B
For detailed information about BARC stock, go to TipRanks’ Stock Analysis page.