Barclays Advances Share Buy-Back Program with New Share Cancellation

Barclays ( (GB:BARC) ) has provided an announcement.

Barclays PLC has announced the purchase and cancellation of 2,685,007 of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program initiated in February 2025. This move is part of a broader strategy to reduce the number of shares in circulation, potentially increasing the value of remaining shares and improving shareholder returns. Following this transaction, Barclays’ total issued share capital will consist of 14,224,954,424 ordinary shares with voting rights, which stakeholders can use for notification obligations 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 scores well due to its strong financial health, characterized by robust growth and liquidity, and strategic corporate actions enhancing shareholder value. The stock is attractively valued, supporting its investment case. However, technical analysis advises caution due to potential overbought conditions, and some operational challenges remain.

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

More about Barclays

Barclays PLC is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking, and wealth management. The company operates in over 40 countries and is known for its comprehensive range of financial products and services, catering to both individual and institutional clients.

Average Trading Volume: 52,633,559

Technical Sentiment Signal: Buy

Current Market Cap: £46.48B

Find detailed analytics on BARC stock on TipRanks’ Stock Analysis page.