Barclays plans new £500m share buyback

Barclays PLC plans to commence a new share buy-back programme to repurchase up to £500m of ordinary shares.

Rhea-AI Filing Summary

Barclays PLC plans to commence a new share buy-back programme to repurchase up to £500m of ordinary shares. The programme will start on the London business day immediately after completion of the ongoing £1,000m buy-back that began on 11 February 2026 and will end no later than 24 October 2026, subject to regulatory approval.

Barclays has appointed J.P. Morgan Securities plc to execute on-market purchases as riskless principal under pre-set parameters, using the repurchase authority granted at the 7 May 2025 AGM. All shares bought will be cancelled to reduce the company’s share capital.

Insights

Banking equity analyst

Barclays adds a further £500m capital return via planned buy-back.

Barclays has mandated J.P. Morgan Securities plc to execute a new share buy-back of up to £500m, with all repurchased ordinary shares cancelled. This follows a series of prior buy-backs totalling up to £2,500m, signalling continued capital distribution.

The transaction relies on the existing 2025 shareholder authority to repurchase up to 1,436,786,392 shares and must comply with UK Listing Rules and the Market Abuse Regulation. Execution will be phased, beginning only once the current £1,000m programme completes and running until no later than 24 October 2026, so actual impact depends on trading conditions and regulator approvals remaining in place.

Key Figures

New buy-back size: £500m Ongoing buy-back size: £1,000m AGM 2025 repurchase authority: 1,436,786,392 shares +3 more

6 metrics

New buy-back size £500m Maximum consideration for future share buy-back programme

Ongoing buy-back size £1,000m Programme commenced on 11 February 2026, must complete before new buy-back starts

AGM 2025 repurchase authority 1,436,786,392 shares Maximum ordinary shares authorised for repurchase under 2025 Authority

Shares repurchased in £1,000m 2025 programme 262,093,958 shares Programme from 30 July 2025 to 26 November 2025

Shares repurchased in £500m 2025–2026 programme 107,319,865 shares Programme from 27 November 2025 to 30 January 2026

End date for new buy-back 24 October 2026 Latest date by which the £500m buy-back must end

Key Terms

share buy-back programme, riskless principal, Market Abuse Regulation, general authority to repurchase Ordinary Shares, +1 more

5 terms

share buy-back programme financial

"it will commence a share buy-back programme to purchase ordinary shares of 25 pence each"

A share buy-back programme is when a company purchases its own shares from the market. This reduces the total number of shares available, which can increase the value of remaining shares and signal confidence in the company's future. For investors, it can be a sign that the company believes its stock is undervalued and may lead to higher share prices.

riskless principal financial

"J.P. Morgan Securities plc to conduct the Buy-back on its behalf and carry out on-market purchases of Ordinary Shares, acting as riskless principal"

Market Abuse Regulation regulatory

"in accordance with (and subject to the limits prescribed by) ... Article 5(1) of the Market Abuse Regulation (EU) No 596/2014"

Market abuse regulation consists of laws and rules designed to prevent dishonest or manipulative practices in financial markets. It aims to ensure fair and transparent trading, so investors can trust that markets operate honestly, much like rules that keep a game fair. By reducing unfair advantages, it helps protect investor confidence and promotes healthy, efficient markets.

general authority to repurchase Ordinary Shares financial

"the Company's general authority to repurchase Ordinary Shares granted by its shareholders at the annual general meeting on 7 May 2025"

UK Listing Rules regulatory

"in accordance with ... Chapter 9 of the Financial Conduct Authority's UK Listing Rules"

UK listing rules are a set of regulations that companies must follow to be officially listed on a UK stock exchange. These rules ensure that companies provide clear, accurate, and sufficient information to protect investors and maintain market confidence, similar to how safety standards ensure products are reliable. Adhering to these rules is important for investors because it helps them make informed decisions about buying or selling company shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What share buyback has Barclays PLC (BCS) announced in this Form 6-K?

Barclays PLC has announced a new share buy-back programme to repurchase up to £500m of ordinary shares. The purchased shares will be cancelled, directly reducing the company’s share capital once the programme is executed within the stated timeframe and regulatory framework.

When will the new Barclays (BCS) £500m buyback start and end?

The new Barclays buy-back will start on the London business day immediately after completion of the ongoing £1,000m programme begun on 11 February 2026. It will end no later than 24 October 2026, provided regulatory approval remains in place throughout.

Who is executing the Barclays PLC (BCS) £500m share buyback?

Barclays has appointed J.P. Morgan Securities plc to execute the buy-back. J.P. Morgan will act as riskless principal, making independent trading decisions within pre-set parameters and then on-selling the repurchased ordinary shares to Barclays for cancellation under applicable regulations.

Under what shareholder authority is Barclays (BCS) conducting this buyback?

The buy-back relies on Barclays’ general authority to repurchase ordinary shares granted at its 7 May 2025 annual general meeting. That 2025 authority permits repurchases up to 1,436,786,392 shares, subject to reductions for shares already bought under earlier programmes.

How does the new £500m Barclays buyback relate to prior repurchase programmes?

The maximum shares for this buy-back are calculated from the 2025 authority, less shares bought in three prior programmes: 262,093,958 shares under a £1,000m programme, 107,319,865 shares under a £500m programme, and shares purchased under the ongoing £1,000m programme started on 11 February 2026.

Will Barclays (BCS) repurchase shares in the United States or its ADRs?

No. The announcement states that no repurchases will be made in the United States or in respect of Barclays’ American Depositary Receipts. Purchases will be carried out on the London Stock Exchange under UK and retained EU regulatory frameworks only.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/29/2026 - 06:19 AM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

April 29, 2026

Barclays PLC

(Name of Registrant)

1 Churchill Place

London E14 5HP

England

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F

This Report on Form 6-K is filed by Barclays PLC.

This Report comprises:

Information given to The London Stock Exchange and furnished pursuant to

General Instruction B to the General Instructions to Form 6-K.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BARCLAYS PLC

(Registrant)

Date: April 29, 2026

By: /s/ Garth Wright

--------------------------------

Garth Wright

Assistant Secretary

29 April 2026

Barclays PLC

Future commencement of Buy-back

Barclays PLC (the "Company") announces that, as disclosed in its announcement on 28 April 2026, it will commence a share buy-back programme to purchase ordinary shares of 25 pence each in the Company ("Ordinary Shares") for up to a maximum consideration of £500m (the "Buy-back"). The Buy-back will commence on the business day (in London) immediately following completion of the £1,000m share buy-back programme commenced by the Company on 11 February 2026 and end no later than 24 October 2026 (subject to regulatory approval remaining in place). The purpose of the Buy-back is to reduce the share capital of the Company and therefore Ordinary Shares purchased under the Buy-back will be cancelled.

The Company has entered into an agreement with J.P. Morgan Securities plc ("JPM") to conduct the Buy-back on its behalf and carry out on-market purchases of Ordinary Shares, acting as riskless principal, and to on-sell such Ordinary Shares to the Company.

JPM will make trading decisions in relation to the Buy-back independently of, and without further instruction from, the Company.  Any purchases of Ordinary Shares under the Buy-back will be carried out on the London Stock Exchange in accordance with certain pre-set parameters set out in the agreement with JPM and in accordance with (and subject to the limits prescribed by) the Company's general authority to repurchase Ordinary Shares granted by its shareholders at the annual general meeting on 7 May 2025 (the "2025 Authority"), Chapter 9 of the Financial Conduct Authority's UK Listing Rules, Article 5(1) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended), the Commission Delegated Regulation (EU) No 2016/1052 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended), and other applicable laws.

No repurchases will be made in the United States or in respect of the Company's American Depositary Receipts.

The maximum number of Ordinary Shares that may be repurchased under the Buy-back will be such number as is equal to the number of Ordinary Shares the Company is authorised to repurchase under the 2025 Authority (1,436,786,392) less the aggregate number of Ordinary Shares purchased (and to be purchased) as part of (i) the £1,000m share buy-back programme which commenced on 30 July 2025 and completed on 26 November 2025 (262,093,958), (ii) the £500m share buy-back programme which commenced on 27 November 2025 and completed on 30 January 2026 (107,319,865) and (iii) the £1,000m share buy-back programme which commenced on 11 February 2026 (ongoing).

- ENDS -

For further information, please contact:

Investor Relations                                                           Media Relations

Marina Shchukina +44 (0) 20 7116 2526                       Tom Hoskin +44 (0) 20 7116 4755

About Barclays

Our vision is to be the UK-centred leader in global finance.  We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank.  Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

For further information about Barclays, please visit our website https://home.barclays.