Barclays PLC Executes Share Buy-Back and Cancellation

Barclays (GB:BARC) has released an update.

Barclays PLC has recently bought back and intends to cancel 4,716,343 of its ordinary shares, which were acquired at a volume-weighted average price of 213.9628p per share. This move is part of the company’s ongoing share buy-back program announced earlier in February, and following the cancellation, Barclays’ total issued share capital will be reduced to 14,929,051,598 shares. The buy-back operation was conducted on the London Stock Exchange through J.P. Morgan Securities plc.

For further insights into GB:BARC stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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