Barclays Share Buyback and Cancellation UpdateBarclays Share Buyback and Cancellation Update Barclays PLC (EN:BARC) has announced the repurchase and subsequent cancellation of approximately 4 million of its own shares. The shares were acquired at a volume-weighted average price of 225.78p per share as part of a broader share buyback program initiated on February 21, 2024. This share buyback program has resulted in the repurchase of over 454 million shares to date. The cancellation of these shares will reduce Barclays’ total number of ordinary voting shares to approximately 14.76 billion. Investors interested in further insights into Barclays’ stock performance can visit TipRanks’ Stock Analysis Page for GB:BARC.
Barclays (EN:BARC) has released an update.
Barclays PLC recently bought back almost 4 million of its own shares and plans to cancel them at a volume weighted average price of 225.78p per share. This move is part of a larger share buyback programme that began on 21 February 2024, during which the company bought back over 454 million shares. The cancellation of these shares will reduce Barclays’ total number of ordinary voting shares to approximately 14.76 billion.
For more insights into GB:BARC stock, check out TipRanks’ Stock Analysis Page.
