STOCK TITAN

Barclays plans up to £500M share buyback

Purchased Ordinary Shares will be cancelled to reduce share capital, with J.P. Morgan Securities executing on-market purchases as riskless principal.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

Barclays PLC (BCS) will commence a buy-back of its 25 pence ordinary shares for up to a maximum consideration of £500m. The programme will start on the London business day immediately after completion of the £1,000m programme begun July 29, 2026, and is due to end no later than April 16, 2027, subject to regulatory approval remaining in place.

The maximum share number is calculated as the 1,378,798,169 Ordinary Shares authorized under the 2026 Authority, less the aggregate number purchased and to be purchased under the ongoing programme. J.P. Morgan Securities plc will conduct on-market purchases on Barclays’ behalf as riskless principal and make trading decisions independently, without further instruction. Purchased shares will be cancelled; no purchases will be made in the United States or in respect of American Depositary Receipts.

Maximum buy-back consideration £500m Maximum consideration for the new programme
Ongoing buy-back programme £1,000m Programme begun July 29, 2026
Repurchase authority under the 2026 Authority 1,378,798,169 Ordinary Shares The new programme’s share limit is this number less the aggregate number purchased and to be purchased under the ongoing programme
Ordinary Share nominal value 25 pence each Share class covered by the buy-back
Latest stated programme end date April 16, 2027 Subject to regulatory approval remaining in place
riskless principal financial
"acting as riskless principal"
on-market purchases financial
"carry out on-market purchases of Ordinary Shares"
pre-set parameters regulatory
"certain pre-set parameters set out in the agreement"
Market Abuse Regulation regulatory
"Article 5(1) of the Market Abuse Regulation"
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.

FAQ

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

What is the maximum amount of Barclays (BCS)'s new buy-back?

Barclays’ new programme has a maximum consideration of £500m. It will begin on the London business day immediately after completion of the ongoing £1,000m programme, which began July 29, 2026.

When will Barclays (BCS)'s new buy-back begin and end?

The programme will begin on the London business day immediately after completion of the ongoing programme and end no later than April 16, 2027, subject to regulatory approval remaining in place.

What happens to shares bought back by Barclays (BCS), and where will purchases occur?

Ordinary Shares purchased under the programme will be cancelled to reduce Barclays’ share capital. Purchases will take place on the London Stock Exchange; the programme excludes purchases in the United States and in respect of Barclays’ American Depositary Receipts.

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

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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.
 
 
 
BARCLAYS PLC
 
(Registrant)
 
Date: October 23, 2026
  
 
By: /s/ Garth Wright
--------------------------------
 
Garth Wright
 
Assistant Secretary
 
 
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:
 
Investor Relations
 
Media Relations
 
Marina Shchukina +44 (0) 20 7116 2526 
Susie Guo +44 (0) 20 3555 2560
 
 
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.   

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