Barclays stock: €1bn bond redemption and buyback set up a key February test
Barclays PLC announced it will redeem €1 billion of senior callable notes on Jan. 31. Since that date falls on a non-business day, payment to holders is set for Feb. 2. The bank also plans to delist these notes from London on or shortly after that date. Barclays shares last closed Friday at 484.9 pence, up 0.04%, hovering about 2% below their 52-week peak.