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Barclays ( (GB:BARC) ) has provided an update.
Barclays PLC announced the purchase and cancellation of 5.1 million of its ordinary shares as part of its ongoing buy-back program, which commenced on 14 February 2025. This strategic move is aimed at reducing the total share count to 14.4 billion shares, potentially enhancing shareholder value and reflecting the company’s confidence in its financial health and future prospects.
More about Barclays
Barclays PLC is a major player in the financial services industry, offering a range of products and services including retail banking, credit cards, corporate and investment banking, and wealth management. The company is primarily focused on delivering innovative financial solutions and maintaining strong market presence globally.
YTD Price Performance: 9.86%
Average Trading Volume: 42,240,271
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £42.43B
See more insights into BARC stock on TipRanks’ Stock Analysis page.