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Barclays Cancels Further Shares as Buy-Back Programme Passes 58.9 Million Mark

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Barclays Cancels Further Shares as Buy-Back Programme Passes 58.9 Million Mark

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

Barclays PLC has continued its previously announced share buy-back programme, repurchasing 2,454,192 ordinary shares on 6 January 2026 from Citigroup Global Markets Limited on the London Stock Exchange at a volume-weighted average price of 488.9595p per share, with all repurchased shares to be cancelled. Following this latest tranche, Barclays’ issued share capital will be reduced to 13,857,687,312 ordinary shares with voting rights and no shares held in treasury, and since the buy-back began in October 2025 the bank has bought a total of 58,908,604 shares, a move that tightens its share base and may enhance earnings per share while affecting shareholder disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:BARC) stock is a Buy with a £560.00 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 Outperform.

Barclays’ strong financial performance and strategic initiatives, such as share buy-backs, drive a positive outlook. The technical indicators support a bullish trend, while valuation remains reasonable. Earnings call insights and corporate events further bolster confidence in the stock’s potential.

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

More about Barclays

Barclays PLC is a major UK-based banking and financial services group, offering retail and commercial banking, investment banking, and wealth management services, with its shares listed on the London Stock Exchange.

Average Trading Volume: 39,840,934

Technical Sentiment Signal: Buy

Current Market Cap: £67.37B

For an in-depth examination of BARC stock, go to TipRanks’ Overview page.

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