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Barclays Advances Share Buy-back Program with Recent Share Cancellation

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Barclays Advances Share Buy-back Program with Recent Share Cancellation

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Barclays ( (GB:BARC) ) just unveiled an update.

Barclays PLC has announced the purchase and cancellation of 1,980,000 ordinary shares as part of its ongoing share buy-back program, which began on 14 February 2025. This move aims to reduce the company’s share capital, thereby potentially increasing shareholder value and adjusting the denominator for shareholder interest calculations under regulatory guidelines.

More about Barclays

Barclays PLC is a major player in the financial services industry, offering a range of products and services including personal banking, credit cards, corporate and investment banking, and wealth management. The company is focused on maintaining a strong market presence and enhancing shareholder value through strategic initiatives such as share buy-backs.

YTD Price Performance: 14.10%

Average Trading Volume: 41,812,787

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £44.36B

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

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