An update from Barclays ( (GB:BARC) ) is now available.
Barclays PLC has announced the purchase and cancellation of 6,220,000 of its ordinary shares as part of a share buy-back program initiated on 14 February 2025. This move is part of a broader strategy to enhance shareholder value, with the company having repurchased a total of 128,111,387 shares since the program’s inception. The cancellation of these shares will reduce the total number of shares with voting rights, potentially impacting shareholder calculations under regulatory guidelines.
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 focused on delivering innovative financial solutions to its clients worldwide.
YTD Price Performance: -5.06%
Average Trading Volume: 55,686,687
Technical Sentiment Signal: Sell
Current Market Cap: £35.76B
For an in-depth examination of BARC stock, go to TipRanks’ Stock Analysis page.