Barclays ( (GB:BARC) ) has shared an update.
Barclays PLC announced the repurchase and cancellation of 2,090,000 ordinary shares as part of its ongoing buy-back program, which began on 14 February 2025. This move is intended to reduce the number of shares in circulation, potentially increasing the value of remaining shares and impacting shareholder interests by altering voting rights and share value calculations.
More about Barclays
Barclays PLC is a major player in the financial services industry, primarily offering banking and financial products. It focuses on providing services such as personal banking, credit cards, corporate and investment banking, and wealth management, catering to a global market.
YTD Price Performance: 9.67%
Average Trading Volume: 49,104,367
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £41.92B
For a thorough assessment of BARC stock, go to TipRanks’ Stock Analysis page.