tiprankstipranks
Company Announcements

Barclays Executes Share Buy-Back to Optimize Capital Structure

Story Highlights
Barclays Executes Share Buy-Back to Optimize Capital Structure

Barclays ( (GB:BARC) ) has provided an update.

Barclays PLC announced the repurchase and cancellation of 5,185,000 of its ordinary shares as part of its ongoing buy-back program. This move, aimed at reducing the number of shares in circulation, will adjust the company’s issued share capital to 14,387,920,127 ordinary shares with voting rights, potentially impacting shareholder calculations and interests under regulatory guidelines.

More about Barclays

Barclays PLC is a major player in the financial services industry, offering a wide range of products and services including retail banking, credit cards, corporate and investment banking, and wealth management. The company operates primarily in the UK and US markets, focusing on providing comprehensive financial solutions to individual and institutional clients.

YTD Price Performance: 10.70%

Average Trading Volume: 40,812,238

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £42.68B

See more data about BARC stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1