An announcement from Barclays ( (GB:BARC) ) is now available.
Barclays PLC announced the purchase and cancellation of 5,247,000 of its ordinary shares as part of its ongoing buy-back program, which began on 14 February 2025. This move is part of a broader strategy to manage its share capital, with the company having repurchased a total of 112,366,387 shares at an average price of 299.3398p per share. The cancellation of these shares will adjust the company’s issued share capital, impacting stakeholders’ calculations regarding their interests in the company 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 primarily focuses on serving clients in the UK and internationally, maintaining a strong presence in the global financial market.
YTD Price Performance: 9.27%
Average Trading Volume: 52,518,673
Technical Sentiment Signal: Sell
Current Market Cap: £42.02B
For a thorough assessment of BARC stock, go to TipRanks’ Stock Analysis page.