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BCS Barclays PLC

10.26
0.01 (0.10%)
After Hours
Last Updated: 21:35:40
Delayed by 15 minutes
Name Symbol Market Type
Barclays PLC NYSE:BCS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.01 0.10% 10.26 10.295 10.155 10.19 21,804,484 21:35:40

Barclays Launches Buyback Program of Up to GBP700Mln

19/03/2021 7:41am

Dow Jones News


Barclays (NYSE:BCS)
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By Sabela Ojea

 

Barclays PLC said Friday that it has launched a share buyback program to purchase shares of 25 pence (34.8 U.S. cents) each for up to 700 million ($975 million) pounds.

The FTSE-100 listed bank said the buyback program will end no later than Aug. 4.

"The purpose of the buyback is to reduce the share capital of the company and therefore ordinary shares purchased under the buy-back will be cancelled," the lender said.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

March 19, 2021 03:26 ET (07:26 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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