Barclays ( (GB:BARC) ) has issued an announcement.
Barclays PLC announced the purchase and cancellation of 2,150,000 of its ordinary shares as part of a buy-back program initiated on 14 February 2025. This transaction, conducted through J.P. Morgan Securities plc, aims to reduce the company’s share capital, impacting the total number of shares with voting rights to 14,318,741,687. The buy-back program reflects Barclays’ strategy to optimize capital structure and potentially enhance shareholder value.
More about Barclays
Barclays PLC is a major player in the financial services industry, primarily offering banking and financial products and services. The company focuses on investment banking, wealth management, and personal banking, serving a global market with a strong presence in the UK.
YTD Price Performance: 12.67%
Average Trading Volume: 53,107,188
Technical Sentiment Signal: Strong Sell
Current Market Cap: £42.05B
See more insights into BARC stock on TipRanks’ Stock Analysis page.