Barclays Executes Share Buy-Back, Cancelling 1.77 Million Shares

Tip Ranks
2025.07.17 06:33
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Barclays PLC has announced the buy-back and cancellation of 1.77 million ordinary shares, reducing its issued share capital to approximately 14.14 billion shares. This initiative, part of a buy-back program initiated in February 2025, aims to manage capital structure and enhance shareholder value. Analysts rate Barclays stock (GB:BARC) as a Buy with a £2.70 price target, reflecting strong financial performance and positive technical indicators, despite some economic uncertainties.