The latest update is out from Barclays ( (GB:BARC) ).
Barclays PLC has announced the repurchase and cancellation of 2,827,000 of its ordinary shares on the London Stock Exchange, as part of a buy-back program initiated on 14 February 2025. This move, which follows the purchase of over 44 million shares since the program’s commencement, aims to reduce the company’s share capital and potentially enhance shareholder value by increasing the proportionate ownership of remaining shares.
More about Barclays
Barclays PLC is a major player in the financial services industry, primarily offering banking and financial solutions. The company focuses on investment banking, personal banking, wealth management, and corporate banking services, with a significant presence in the UK and international markets.
YTD Price Performance: 18.19%
Average Trading Volume: 44,311,685
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £44.72B
Learn more about BARC stock on TipRanks’ Stock Analysis page.