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Banks FTSE 100 Barclays Completes £1bn Buy-Back Barclays

Barclays completes £1bn buy-back and starts new £500m programme

Barclays has repurchased 234.85m shares for cancellation under its FY 2025 buy-back at a VWAP of 425.8014p and will begin a new £500m buy-back on 8 May.

by tickstock newsroom
The image shows the exterior of a Barclays bank branch, featuring the bank's logo prominently above the entrance. The building has large glass windows, allowing visibility into the bank's interior. aiImage created using AI — ChatGPT

Barclays (LSE:BARC) confirmed it had completed the share buy-back programme, previously announced on 10 February, after repurchasing 234.85m shares for cancellation at a volume weighted average price of 425.8014p per share, for a total consideration of approximately £1bn.

The company intends to cancel all purchased shares, leaving issued share capital of 13.61bn shares with voting rights and with no shares held in treasury.

Across 5-7 May the company purchased 5.2m shares on 5 May at a VWAP of 424.2842p, 6.76m shares on 6 May at a VWAP of 441.6182p and 4.76m shares on 7 May at a VWAP of 441.8207p.

Following completion of that programme, Barclays will commence a further programme of buy-backs, announced on 29 April, to purchase up to £500m of shares from 8 May, with a maximum of 832.52m shares able to be bought.

by tickstock newsroom

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