Barclays Cancels 2.59 Million Shares in Ongoing Buy-Back Programme

Barclays ( (GB:BARC) ) has issued an update.

Barclays PLC has executed another tranche of its previously announced share buy-back, repurchasing 2,590,000 ordinary shares on 18 February 2026 via J.P. Morgan Securities at a volume-weighted average price of 484.7493p, with all acquired shares to be cancelled. Following this latest cancellation, Barclays’ issued share capital will stand at 13,806,789,556 ordinary shares with voting rights, and the bank has now bought a total of 18,534,750 shares since the programme began, modestly improving capital efficiency and slightly increasing the proportional ownership of remaining shareholders.

The most recent analyst rating on (GB:BARC) stock is a Hold with a £479.00 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 Neutral.

The score is driven primarily by solid but cyclical financial performance (improving profitability and strong 2024–2025 cash conversion, tempered by higher leverage and revenue softness). Constructive earnings-call guidance and capital return plans support the outlook, while weak near-term technical momentum materially drags the overall score; valuation is supportive with a low P/E but only a modest dividend yield.

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

More about Barclays

Barclays PLC is a major U.K.-based global banking and financial services group, offering retail and commercial banking, investment banking, credit cards, and wealth management. The group operates primarily in the U.K. and internationally, serving corporate, institutional, and consumer clients across capital markets and traditional banking services.

Average Trading Volume: 38,136,887

Technical Sentiment Signal: Buy

Current Market Cap: £65.36B

See more insights into BARC stock on TipRanks’ Stock Analysis page.