Barclays Cancels Additional Shares as Buy-Back Programme Advances

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

Barclays has continued executing its previously announced share buy-back programme, repurchasing 4.2 million ordinary shares on 23 February 2026 on the London Stock Exchange via J.P. Morgan Securities. The shares, bought at a volume-weighted average price of about 474.78p, will be cancelled, reducing the overall share count and potentially enhancing earnings per share for remaining investors.

Following this latest cancellation, Barclays’ issued share capital will comprise 13,797,098,387 ordinary shares with voting rights and no shares held in treasury. Since the buy-back began on 10 February 2026, the bank has acquired a total of 29,581,750 shares, signalling ongoing capital returns to shareholders and modestly altering the base for regulatory disclosure thresholds.

The most recent analyst rating on (GB:BARC) stock is a Buy with a £580.00 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 UK-based global universal bank offering retail, commercial and investment banking, as well as credit cards and wealth management services. It operates primarily in the UK and internationally, serving consumer, corporate and institutional clients across a broad range of financial products and markets.

Average Trading Volume: 39,124,360

Technical Sentiment Signal: Buy

Current Market Cap: £67.02B

See more data about BARC stock on TipRanks’ Stock Analysis page.