Barclays PLC (LON:BARC) will commence a share buy-back program to purchase ordinary shares of 25 pence each in the company for up to a maximum consideration of £500 million.

The Buy-back will commence on the business day (in London) immediately following completion of the £1,000m share buy-back program commenced by the Company on 30 July 2025 and end no later than 20 April 2026 (subject to regulatory approval remaining in place). The purpose of the Buy-back is to reduce the share capital of the Company and therefore Ordinary Shares purchased under the Buy-back will be cancelled.

The Company has entered into an agreement with Citigroup Global Markets Limited to conduct the Buy-back on its behalf and carry out on-market purchases of Ordinary Shares, acting as riskless principal, and to on-sell such Ordinary Shares to the Company.

No repurchases will be made in the United States or in respect of the Company’s American Depositary Receipts.

The maximum number of Ordinary Shares that may be repurchased under the Buy-back will be such number as is equal to the number of Ordinary Shares the Company is authorised to repurchase under the 2025 Authority (1,436,786,392 Ordinary Shares) less the number of Ordinary Shares purchased (and to be purchased) as part of the £1,000m share buy-back programme commenced on 30 July 2025.