StockWatch
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Commercial Banks
BuybackJun 1, 2026, 06:12 AM

Barclays Completes £1B Buyback, Starts New £500M Program

AI Summary

Barclays PLC completed its share buy-back program announced on February 10, 2026, repurchasing 234,851,257 ordinary shares for approximately £1 billion. Concurrently, the company commenced a new share buy-back program announced on April 29, 2026, to purchase ordinary shares for up to a maximum consideration of £500 million. The company also reported ongoing share repurchases under this new program, leading to a reduction in its issued share capital to 13,572,760,037 ordinary shares with voting rights as of May 22, 2026.

Key Highlights

  • Completed FY 2025 buy-back program, repurchasing 234,851,257 shares for approximately £1 billion.
  • Commenced new Q1 2026 buy-back program for up to £500 million on May 8, 2026.
  • New program allows purchase of up to 832,521,312 ordinary shares.
  • Purchased 42,212,452 shares under the new program by May 22, 2026, at 428.3424p average.
  • Issued share capital reduced to 13,572,760,037 ordinary shares with voting rights.
  • 5,670,419 new shares admitted to trading between April 1 and April 30, 2026.