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
October
23, 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.
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BARCLAYS
PLC
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(Registrant)
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Date:
October 23, 2026
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By: /s/
Garth Wright
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Garth
Wright
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Assistant
Secretary
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23 October 2026
Barclays PLC
Future
commencement of Buy-back
Barclays PLC (the “Company”) announces that, as disclosed in its
announcement on 22 October 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
29 July 2026 and end no later than 16 April 2027 (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
2026 (the “2026
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
2026 Authority (1,378,798,169) less the aggregate number of
Ordinary Shares purchased (and to be purchased) as part of the
ongoing £1,000m share buy-back programme which commenced on 29
July 2026.
- ENDS -
For further information, please contact:
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Investor
Relations
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Media
Relations
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Marina Shchukina +44 (0) 20 7116 2526
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Susie Guo +44 (0) 20 3555 2560
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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 home.barclays.