BuybackJul 29, 2026, 07:51 AM
Barclays Commences £1B Share Buyback Program
AI Summary
Barclays PLC has announced the commencement of a share buy-back program for up to £1,000 million. The program started on July 29, 2026, and is expected to conclude by January 28, 2027. The purpose of the buyback is to reduce the company's share capital, with all purchased ordinary shares to be cancelled. Citigroup Global Markets Limited will execute the buyback on behalf of Barclays, adhering to regulatory guidelines and the company's 2026 Authority.
Key Highlights
- Barclays PLC commences a share buy-back program.
- The maximum consideration for the buyback is £1,000m.
- The program began on July 29, 2026.
- The buyback will end no later than January 28, 2027.
- Ordinary shares purchased will be cancelled to reduce share capital.
- Citigroup Global Markets Limited will conduct the buyback.
- A maximum of 1,378,798,169 ordinary shares may be repurchased.
- No repurchases will be made in the United States or for ADRs.
Price Impact
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