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Barclays Advances Share Buy-Back with Latest Share Cancellation

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Confident Investing Starts Here:

An update from Barclays ( (GB:BARC) ) is now available.

Barclays PLC has announced the purchase and cancellation of 1,901,473 of its ordinary shares from J.P. Morgan Securities plc as part of its ongoing share buy-back program. This move is part of a broader strategy to manage its capital structure and enhance shareholder value, with a total of 194,207,111 shares repurchased since the program’s inception in February 2025. The cancellation of these shares will reduce the company’s issued share capital, potentially impacting shareholder voting rights and interest notifications 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 and commercial banking, credit cards, investment banking, wealth management, and investment management services. The company operates primarily in the UK and US, focusing on delivering innovative financial solutions to its clients.

Average Trading Volume: 58,606,457

Technical Sentiment Signal: Buy

Current Market Cap: £45.61B

Learn more about BARC stock on TipRanks’ Stock Analysis page.

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