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IN BRIEF: Barclays starts £1.00 billion share buyback programme

ALN

Barclays PLC - London-based bank - Starts share buyback programme for up to £1.00 billion shares, as announced on Thursday. The company says the purpose of the buyback is to reduce share capital, therefore it will cancel purchased shares. It says it has entered an agreement with JPMorgan Securities PLC to conduct the buyback on its behalf.

Current stock price: 292.15 pence, down 0.4%

12-month change: more than doubled from 143.42 pence

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