Barclays ( (GB:BARC) ) has provided an announcement.
Barclays PLC has announced the purchase and cancellation of 2,892,540 of its ordinary shares as part of a buy-back program initiated on 14 February 2025. This move is expected to reduce the total number of shares in circulation, potentially increasing the value of remaining shares and affecting shareholder calculations under FCA’s rules.
More about Barclays
Barclays PLC operates 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 primarily focuses on markets in the UK and the US, aiming to provide comprehensive financial solutions to its clients.
YTD Price Performance: 15.27%
Average Trading Volume: 50,169,868
Technical Sentiment Signal: Sell
Current Market Cap: £42.62B
For a thorough assessment of BARC stock, go to TipRanks’ Stock Analysis page.