close
close

Barclays announces £750 million share buyback despite first-half profit decline


Barclays announces £750 million share buyback despite first-half profit decline

Major bank Barclays has announced an 8 percent decline in profits in the first half of the year, but at the same time raised its annual forecast for a key performance indicator and announced higher returns for shareholders. The lender reported pre-tax profit of £4.2 billion for the first six months of 2024, down from […]

Barclays announces £750 million share buyback despite first-half profit decline


Barclays announces £750 million share buyback despite first-half profit decline

Major bank Barclays has announced an 8 percent decline in profits in the first half of the year, but at the same time raised its annual forecast for a key performance indicator and announced higher returns for shareholders. The lender reported pre-tax profit of £4.2 billion for the first six months of 2024, down from […]