Barclays Announces Share Buyback and Capital ReductionBarclays Announces Share Buyback and Capital Reduction Barclays PLC (EN:BARC) has completed a share buyback, acquiring 4,043,000 of its own shares for cancellation. This action reduces the company’s issued share capital to 14,771,554,765 ordinary voting shares. The buyback is part of a wider program that began on February 21, 2024. During this period, Barclays purchased over 445 million shares at an average price of 197.4836p per share. Shareholders can use the new total share count to determine any changes in their holdings in the company. For further insights into GB:BARC stock, investors are encouraged to visit TipRanks’ Stock Analysis Page.
Barclays (EN:BARC) has released an update.
Barclays PLC has completed a share buyback, purchasing 4,043,000 of its own shares for cancellation, which will reduce the company’s issued share capital to 14,771,554,765 ordinary voting shares following the transaction. The move is part of a wider buyback programme which commenced on 21 February 2024, during which the company acquired over 445 million shares at an average price of 197.4836p each. Shareholders will use the new total to assess changes to their holdings in the company.
For more insights into GB:BARC stock, check out TipRanks’ Stock Analysis Page.
