Barclays Continues Buy-back, Cancels Over 2 Million Shares

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

Barclays PLC has continued its ongoing share buy-back programme, repurchasing 2,069,387 ordinary shares on 8 January 2026 from Citigroup Global Markets at prices between 477.8p and 485.2p per share, with a volume-weighted average price of 483.2347p, and intends to cancel all of these shares. Following this latest tranche, Barclays’ issued share capital will be reduced to 13,854,533,650 ordinary shares with voting rights, and the bank has now bought a total of 63,052,719 shares since the programme began in October 2025, a move that tightens its share base and may enhance earnings per share while providing shareholders with a clearer denominator for regulatory disclosure thresholds under FCA 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 UK-based global financial services provider operating primarily in banking, investment banking and wealth management, offering retail and corporate banking, credit cards, and capital markets services, with its shares listed on the London Stock Exchange.

Average Trading Volume: 39,930,290

Technical Sentiment Signal: Buy

Current Market Cap: £67.6B

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