Barclays launches £1,000m share buy-back
Barclays PLC is commencing a share buy-back programme to repurchase its ordinary shares of 25 pence each for up to a maximum consideration of £1,000m.
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Rhea-AI Filing Summary
Barclays PLC is commencing a share buy-back programme to repurchase its ordinary shares of 25 pence each for up to a maximum consideration of £1,000m. The programme starts on 29 July 2026 and will end no later than 28 January 2027, subject to regulatory approval remaining in place.
The stated purpose is to reduce the Company’s share capital, with all repurchased shares to be cancelled. Barclays has appointed Citigroup Global Markets Limited to execute on-market purchases on the London Stock Exchange as riskless principal under pre-set parameters and existing shareholder authority. The maximum number of shares that may be repurchased is 1,378,798,169, in line with the authority granted at the 7 May 2026 annual general meeting. No repurchases will be made in the United States or in respect of American Depositary Receipts.
Key Figures
Key Terms
riskless principal financial
Market Abuse Regulation (EU) No 596/2014 regulatory
Commission Delegated Regulation (EU) No 2016/1052 regulatory
American Depositary Receipts financial
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Will Barclays PLC (BCS) conduct buy-backs in the US or on its ADRs?
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