Barclays Completes £500m Share Buy-Back, Cuts Share Count to 13.8bn

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2026.02.02 09:12
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Barclays PLC has completed a £500 million share buy-back, repurchasing and canceling 107,319,865 ordinary shares at an average price of 465.8970 pence. The latest cancellation involved 1,932,579 shares, reducing the total share count to 13.8 billion. This initiative aims to enhance earnings per share and improve shareholder returns. Analysts maintain a positive outlook on Barclays stock, with a current rating of Buy and a price target of £542.00, supported by strong financial performance and strategic initiatives.