Barclays shares rise after fresh buyback update as investors look to Feb. 10 results
Barclays shares rose 1.2% to 486.6 pence by 0850 GMT after the bank repurchased nearly 2.5 million shares on Jan. 26, part of its ongoing buyback program. Investors await Barclays’ annual report on Feb. 10 for updated profit targets, as UK lenders weigh the impact of rate changes and competition on earnings.